Capital/Financing Update • Dec 29, 2023
Capital/Financing Update
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| Summary Info | Approval of the CMB Regarding the Issuance Limit of Mortgage Covered Bonds Abroad |
| Update Notification Flag | Yes |
| Correction Notification Flag | No |
| Postponed Notification Flag | No |
| Authorized Member Decision Date | 20.11.2023 |
| Issue Limit | 300.000.000 |
| Currency Unit | EUR |
| Issue Limit Security Type | Debt Securities |
| Sale Type | Oversea |
| Domestic / Oversea | Oversea |
| Capital Market Board Application Date | 30.11.2023 |
| Capital Market Board Application Result | APPROVAL |
| Capital Market Board Approval Date | 28.12.2023 |
| Expiry Date of Issue Limit | 28.12.2024 |
Additional Explanations
Reference: Public disclosure of Türkiye İş Bankası A.Ş. (İşbank) on 30.11.2023. With the related public disclosure, it was announced that the necessary application had been made to the Capital Markets Board (CMB) for the issuance of mortgage covered bonds outside of Turkey. The CMB approval regarding İşbank's aforementioned application was published in the bulletin of the CMB numbered 2023/81. 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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