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AKBANK T.A.Ş. — Capital/Financing Update 2021
Jan 21, 2021
5880_rns_2021-01-21_107ca0a1-c64c-4326-9103-f6b8180d6fa9.html
Capital/Financing Update
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| Summary Info | Authorization of The General Directorate For The Issuance Ceiling |
| Update Notification Flag | No |
| Correction Notification Flag | No |
| Postponed Notification Flag | No |
| Authorized Member Decision Date | 21.01.2021 |
| Issue Limit | 2.000.000.000 |
| Currency Unit | USD |
| Issue Limit Security Type | Debt Securities |
| Sale Type | Oversea |
| Domestic / Oversea | Oversea |
Additional Explanations
Our Board of Directors has approved the General Directorate to be entitled to make all necessary applications to Capital Markets Board, Banking Regulation and Supervision Agency and other regulatory authorities in order to obtain the annual approvals and completion of all legal procedures to issue, up to a total of USD 2 billion or its equivalent in any currency including Turkish Lira, bond, and/or subordinated debt and other form of debts, that can be included in the equity calculation, aligned with the Equity Regulation in more than one offering outside of Turkey. In case of contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.