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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
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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 | 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.