Capital/Financing Update • Aug 1, 2024
Capital/Financing Update
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| Summary Info | Authorization to the Head Office for Issuance of Green and/or Sustainable Bonds, Bills and Borrowing Instruments Abroad |
| Update Notification Flag | No |
| Correction Notification Flag | No |
| Postponed Notification Flag | No |
| Authorized Member Decision Date | 31.07.2024 |
| Issue Limit | 500.000.000 |
| Currency Unit | USD |
| Issue Limit Security Type | Green/Sustainability Themed Capital Market Instruments (Debt Intstrument) |
| Sale Type | Oversea |
| Domestic / Oversea | Oversea |
Additional Explanations
Pursuant to the resolution of the Board of Directors dated 31.07.2024, and in accordance with the relevant legislation including but not limited to the Guidelines on Green Debt Instruments, Sustainable Debt Instruments, Green Lease Certificates and Sustainable Lease Certificates (the "Guideline") published by Capital Markets Board on 24 February 2022, the General Management of our Bank is authorized to carry out all necessary applications to all relevant institutions, to fulfill other procedures related to the issuance, to carry out and complete all transactions with regards to the issuance of green and/or sustainable notes and bonds with the maturity and interest to be determined according to the market conditions at the date of issuance, by one or more tranches, with a total maximum amount of USD 500 million or equivalent in TL or in any other foreign currency, with fixed and/or floating interest including the debt instruments that can be taken into account in the equity calculation pursuant to the Regulation the Equity of the Banks. Within the same resolution, the framework document, which was updated and prepared in accordance with green and/or sustainable borrowing standards, was approved by the Board of Directors of our Bank. In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
Supplementary Documents
| Appendix: 1 | TSKB Sustainable Finance Framework Second Party Opinion.pdf |
| Appendix: 2 | TSKB Sustainable Finance Framework.pdf |
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