Capital/Financing Update • Jun 26, 2024
Capital/Financing Update
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| Summary Info | Announcement regarding the issuance of subordinated bond (Tier 2) abroad |
| Update Notification Flag | No |
| Correction Notification Flag | No |
| Postponed Notification Flag | No |
| Subject of Notification | Other |
| Board Decision Date | 13.06.2024 |
Related Issue Limit Info
| Currency Unit | USD |
| Limit | 5.000.000.000 |
| Issue Limit Security Type | Subordinated Debt Securities |
| Sale Type | Oversea |
| Domestic / Oversea | Oversea |
| Capital Market Board Approval Date | 29.02.2024 |
Capital Market Instrument To Be Issued Info
| Type | Subordinated Debt Securities |
| Maturity Date | 05.10.2034 |
| Maturity (Day) | 3.744 |
| Sale Type | Oversea |
| Central Securities Depository | Euroclear/Clearstream, DTC |
| Nominal Value of Capital Market Instrument Sold | 700.000.000 |
| Maturity Starting Date | 05.07.2024 |
| Interest Rate Type | Fixed Rate |
| Payment Type | Foreign Exchange Payment |
| ISIN Code | XS2850573374 |
Rating
| Does the issuer have a rating note? | Yes |
Issuer Rating Note
| Rating Company | Rating Note | Rating Date | Is it Investment Grade? |
| Fitch Rating | B+(tur) - Uzun Vadeli İhraçcı Derecelendirme Notu | 15.03.2024 | Yes |
| Does the capital market instrument have a rating note? | Yes |
Capital Market Instrument Rating Note
| Rating Company | Rating Note | Rating Date | Is it Investment Grade? |
| Fitch Rating | CCC+ (Yabancı Para Katkı Sermayeye Dâhil Edilebilir Borçlanma Aracı Kredi Notu) | 26.06.2024 | No |
| Does the originator have a rating note? | No |
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