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TÜRKİYE İŞ BANKASI A.Ş.

Capital/Financing Update Nov 21, 2024

5969_rns_2024-11-21_812c243c-318e-45e8-9110-a9c7f3a5907c.html

Capital/Financing Update

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Summary Info Authorization to the Head Office for the Issuance of Covered Bonds Abroad
Update Notification Flag No
Correction Notification Flag No
Postponed Notification Flag No
Authorized Member Decision Date 20.11.2024
Issue Limit 500.000.000
Currency Unit EUR
Issue Limit Security Type Debt Securities
Sale Type Oversea
Domestic / Oversea Oversea

Additional Explanations

As per the resolution of our İşbank's Board of Directors, the Head Office has been authorized to take the necessary actions with regard to the issuance of covered bonds by İşbank outside of Türkiye, with different series and maturities, having fixed and/or floating interest rates to be determined at the respective issuance dates in accordance with the market conditions, and up to a total amount of EUR 500 million or its equivalent in any other currency including Turkish Lira. In this respect, İşbank will be making an application to Capital Markets Board and other regulatory authorities for the annual renewal of the authorisation. This is the translation of the Turkish public disclosure made by Türkiye İş Bankası A.Ş. through the Public Disclosure Platform, under the Material Events Guideline prepared in accordance with the Communique of Material Events, numbered II-15.1. According to the Material Events Guideline and the regulations, the Turkish public disclosure shall prevail.

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