Announcement regarding issuance of bank debt instruments to qualified investors
Announcement regarding issuance of bank debt instruments to qualified investors
It has been announced that Pursuant to the authority given Head Office of Bank by The Board of Directors of the Bank's resolution dated April 9, 2015, in 1 year period, our application to issue all kinds of debt instruments locally including but not limited to bills/ bonds and/ or credit risk-based debt instruments and other structured debt instruments in Turkish Liras in an amount up to 2.000.000.000 TL (two billion Turkish Liras) subject to fixed or variable interest rate, different maturity dates with the purpose of selling to qualified investors, was approved by the Capital Markets Board on the August 11, 2015.
In this context; our Bank has commenced the operations for the issuance of discounted bond with a nominal value of TL 100.000.000 and term of 368 days to be sold to qualified investors and the book building has been completed. In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.