Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

AKBANK T.A.Ş. Capital/Financing Update 2017

Apr 14, 2017

5880_rns_2017-04-14_e351e8e4-477b-4bf2-9b20-80875c26c417.html

Capital/Financing Update

Open in viewer

Opens in your device viewer

Summary Info Bill Issuance To Qualified Investors
Update Notification Flag No
Correction Notification Flag No
Postponed Notification Flag No
Board Decision Date 14.04.2017

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 200.000.000
Type Bill
Maturity Date 17.07.2017
Maturity (Day) 94
Sale Type Sale To Qualified Investor
ISIN Code TRQAKBK71711
Maturity Starting Date 14.04.2017
Nominal Value of Capital Market Instrument Sold 200.000.000

Additional Explanations

Reference: Public disclosure dated 26.10.2016.

It has been announced in the referenced 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 completed the operations for the issuance of bond with a nominal value of TL 200.000.000 and term of 94 days to be sold to qualified investors and the book building has been completed. The transfer of the asset to client accounts has been completed as of today (14.04.2017).

In case of contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.