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Dept Offerings

Corporate bonds which were offered and traded on the secondary market prevalently in the 1990's, have not been offered for a long time because of the abolishment of long-term debt opportunities, increase of financing costs, and high tax rates, which have been a bottleneck towards debt opportunities from local markets for Turkish companies. As OYAK Securities we think that as public debt reduces and inflation stabilizes at a lower level, corporate bonds will be an alternative to bank loans. OYAK Securities will be one of the leading investment banks in debt offerings due to its wide sales and distribution network, strong capital base, client potential and research coverage.