Pegasus Airlines (PC, Istanbul Sabiha Gökcen) has secured approval from the Capital Markets Board of Turkey to issue up to USD250 million in debt securities on international markets. The approval covers bonds and commercial papers to be sold abroad, following the carrier's March 17, 2026, board resolution and earlier application. Pegasus may issue the securities in one or more tranches, with final timing, structure, and pricing still subject to market conditions. The airline has not disclosed the intended use of the proceeds.