Companies can raise finance by issuing debt instruments as an alternative to bank loans. A prospectus is prepared for public offerings, and an issue document for sales to qualified investors.
Related terms
Lease certificate (sukuk)A capital market instrument issued by asset leasing companies to finance specific assets or rights, whose return is paid to investors as rent or profit share.RefinancingRepaying existing debt with new financing, usually on more favourable terms.ProspectusThe document approved by the CMB containing the information investors need to make a decision about the issuer and the capital market instruments to be offered.Bonus issueIssuing shares to shareholders by adding a company's internal resources (reserves, retained earnings, capital adjustment differences) to its capital.Borsa IstanbulThe exchange in Turkey on which shares, debt instruments, derivatives and precious metals are traded.Capital Markets Board (CMB)The independent administrative authority responsible for regulating and supervising capital markets in Turkey.
Last updated: October 22, 2026 · This definition is for general information only.