Alfa Solar Says, Property In Kirikkale Transferred To Vakif Katilim Bankasi Via Sale-Leaseback

About this update from Alfa Solar Enerji Sanayi Ve Ticaret A.s.

Alfa Solar Enerji Sanayi ve Ticaret BIST:ALFAS:SAID ON MONDAY PROPERTY IN KIRIKKALE TRANSFERRED TO VAKIF KATILIM BANKASI VIA SALE-LEASEBACK TRANSACTIONTRANSACTION EXECUTED UNDER FINANCIAL LEASING AGREEMENT, WHICH STIPULATES ONE-YEAR GRACE PERIOD, FOUR-YEAR TERM, AND EQUAL INSTALLMENT PAYMENT PLANSALE PRICE OF PROPERTY DETERMINED AS 422.5 MLN LIRAOWNERSHIP OF THE PROPERTY WILL BE TRANSFERRED BACK TO COMPANY UPON PAYMENT OF FINAL LEASE INSTALLMENTNO EXIT RIGHTS GIVEN TO SHAREHOLDERS OF COMPANY IN CONNECTION WITH THIS TRANSACTION Source text for Workspace: Further company coverage: [ALFAS.IS>:]

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