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AKBANK T.A.Ş. — Capital/Financing Update 2017
May 26, 2017
5880_rns_2017-05-26_f50a75fb-74a0-4d6c-9bf2-d91b0814bd5a.html
Capital/Financing Update
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| Summary Info | Bill Issuance To Qualified Investors |
| Update Notification Flag | No |
| Correction Notification Flag | No |
| Postponed Notification Flag | No |
| Board Decision Date | 26.05.2017 |
Related Issue Limit Info
| Currency Unit | TRY |
| Limit | 10.000.000.000 |
| Issue Limit Security Type | Dept Securities |
| Sale Type | Public Offering-Private Placement-Sale To Qualified Investor |
| Domestic / Oversea | Domestic |
Capital Market Instrument To Be Issued Info
| Intended Nominal Amount | 158.000.000 |
| Type | Bill |
| Maturity Date | 20.09.2017 |
| Maturity (Day) | 114 |
| Sale Type | Sale To Qualified Investor |
| ISIN Code | TRQAKBK91727 |
| Maturity Starting Date | 29.05.2017 |
Additional Explanations
Reference: Public disclosure dated 26.10.2016.
It had been announced in the referred disclosure that our Bank has applied to the Capital Markets Board for the issuance of bills and/or bonds in Turkish Liras domestically in varying maturities, up to 10 Billion Turkish Liras for public offering and/or for sale without public offering, and the application in question has been deemed suitable by the Capital Markets Board and published in the weekly Newsletter no. 2016/28 of the Board.
In this context; our Bank has commenced the operations for the issuance of bill with a nominal value of TL 158.000.000 and term of 114 days to be sold to qualified investors and the book building has been completed.
The transfer of the asset to client accounts will be done on 29.05.2017.
In case of contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.