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Material Disclosures

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The lawsuit for the cancellation of the request of Competition Board decision, dated 14/01/2014, numbered 14-03/60-24 is continuing and there is not any important development, any development within the process will be informed to the public accordingly.READ MORE
As disclosed in our public announcement of October 12, 2017, upon completion of the book building of the US$700 million 7-year notes with a fixed coupon rate of 4,50%, the subscription agreement for the issuance of the notes has been signed on 16.10.2017. The issuance certificate for this issuance which was approved by the CMB today is attached.READ MORE

Credit Rating

With reference to our Public disclosure on 04/10/2017, the Debt Instruments that are planned to be issued are expected to be rated by Moody's and Fitch with ratings of "Ba1" and "BBB-", respectively. Original press releases of the rating agencies are enclosed.READ MORE
SAHA Corporate Governance and Credit Rating Services, Inc. (SAHA), which is authorised to carry out ratings in accordance with the Corporate Governance Principles by Capital Markets Board (CMB), revised the Corporate Governance Rating of our Company up to 9.47 (94.67%) as of the date 03 October 2017.READ MORE
About the Competition Authority CaseREAD MORE

Credit Rating

Fitch Credit RatingREAD MORE
The Corporate Governance Principles Rating Compliance Agreement which was signed between our company and SAHA Corporate Governance and Credit Rating Services Inc on July 31, 2017, renewed the agreement for two years. READ MORE
In accordance with the authorization granted by article 8 of the Company's Articles of Association; the Board of Directors resolved to grant company management the authority to issue debt securities for a total amount up to 1 billion US Dollars or an equivalent foreign currency amount within one year, with various composition and terms to be determined under the market conditions on the date of the issuance and to be sold outside Turkey through one or more issuance.READ MORE
About the Competition Authority CaseREAD MORE
The Collective Bargaining between Tüpraş and Petrol-İş Union covering the period 01 January 2017 to 31 December 2018 was concluded with the agreement on May 15, 2017. READ MORE
It has been seen that there are some news in the media regarding the actions of the workers during the process of our collective labour agreement bargaining with Petrol – İş union. READ MORE
Mr. Atilla Ulusu, the Crude Supply and Production Planning Director of our company, has been appointed to the vacant position of Deputy General Manager for Crude Oil Supply and Foreign Trade, as of 5 May 2017 by the Decision of The Board of Directors
Establishment of The Board CommitteesREAD MORE
Mr Hasan Tan, our Deputy General Manager responsible from Crude Oil Supply and Foreign Trade, has retired as of April 04th 2017.
Approval of independent auditor selection by the general assembly READ MORE
Approval of Amendment to the Company's Articles of Association READ MORE
Notification Regarding Dividend Payment READ MORE
Notification Regarding General Assembly Meeting READ MORE

Credit Rating

Moody's Credit RatingREAD MORE
About the Competition Authority CaseREAD MORE
Date and Agenda of Ordinary General AssemblyREAD MORE
The dividend distribution is set to begin on April 4th, 2017 The dividend distribution proposal will be submitted to General Assembly that will be held in March 2017.READ MORE
Amendment to the Company's Articles of Association has been approved by the Ministry of Customs and Trade READ MORE
CMB approval for the amendment to Articles of Association on the extension of the validity period of the Company's authorized capital upper limitREAD MORE
The Report On Regarding the Common and Continuous TransactionsREAD MORE
Financial Tables Announcement READ MORE
Forward Looking EvaluationsREAD MORE
With respect to our previous announcement dated 17.01.2017, application to the Capital Markets Board for the approval of the amendment proposal for Articles of Association is made on February 08, 2017.READ MORE

Credit Rating

As of 01 February 2017, international rating agency, Fitch Ratings has affirmed Tupras' Long-term local and foreign currency Issuer Default Ratings at 'BBB-' and National Long-term rating at 'AA+(tur)'. The Outlooks are Negative. READ MORE
Executive AppointmentREAD MORE
The Board of Directors resolved to amend Article 6 "Capital" of the Company's Articles of Association in order to extend the validity period of Company's upper limit of authorised capital from 2017 to 2021 and to propose the amendment to the approval of the first upcoming General Assembly after the approvals of Capital Markets Board and the Ministry of Customs and Trade are obtained. READ MORE
Reason of Corretion The 4th coupon and principal repayment fort the bondREAD MORE
About the Competition Authority CaseREAD MORE