Capital/Financing Update • Nov 30, 2023
Capital/Financing Update
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| Summary Info | Application to Capital Markets Board Regarding the Issuance 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 |
Additional Explanations
Reference: Public disclosure of Türkiye İş Bankası A.Ş. (İşbank) on 20.11.2023. With the related public disclosure, it was announced that the Head Office had been authorized by İşbank's Board of Directors to take the necessary actions with regard to the issuance of mortgage covered bonds by our Bank outside Turkey, 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 300 million or its equivalent in any other currency including Turkish Lira. Within the context of the resolution mentioned above, the necessary application has been made to the Capital Markets Board. 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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