Announcement Regarding Book Building of Bank Bonds Issuance to Qualified Investors
Announcement Regarding Book Building of Bank Bonds Issuance to Qualified Investors
It has been announced that pursuant to the authority given to the Head Office by the resolution of The Board of Directors dated June 2, 2016 for a 1-year period, our application to issue all kinds of debt instruments including but not limited to bills/ bonds and/ or credit risk-based debt instruments and other structured debt instruments in Turkish Liras up to the aggregate amount of 6.000.000.000 TL (six billion Turkish Liras), subject to fixed or floating interest rate and different maturity dates with the purpose of selling domestically to qualified investors, was approved by the Capital Markets Board on October 4, 2016.
In this context; our Bank has commenced the operations for the issuance of bank bonds in the nominal amount of TL 150.000.000 with a maturity of 101 days, bank bonds in the nominal amount of TL 150.000.000 with a maturity of 177 days and fixed coupon bonds in the nominal amount of TL 50.000.000 with a maturity of 546 days to be sold to qualified investors .
It is planned that the book building of bank bonds and fixed coupon bonds will take place on November, 3-4 2016 and the transfer of the bonds to client accounts will be executed on November 7, 2016.
For your information.