Summary Info
Board of Directors' Decision Regarding The Issuance of Subordinated Notes Domestically
Update Notification Flag
No
Correction Notification Flag
No
Postponed Notification Flag
No
Authorized Member Decision Date
23.08.2023
Issue Limit
5.000.000.000
Currency Unit
TRY
Issue Limit Security Type
Subordinated Debt Securities
Sale Type
Sale To Qualified Investor
Domestic / Oversea
Domestic
Additional Explanations
The Board of Directors has decided to issue TL borrowing instruments up to TL 5 billion nominal domestically, that meet the criteria for the inclusion in Tier 1 capital and Tier 2 capital in accordance with the relevant legislation in batches, with various terms, yields and amounts; and the Head Office has been authorized for the determination of all conditions and execution of operations with related institutions regarding the debt issuance which will be available for qualified investors only. This is the translation of the Turkish public disclosure made by Türkiye İş Bankası A.Ş. through the Public Disclosure Platform, under the Material Events Guideline prepared in accordance with the Communique of Material Events, numbered II-15.1. According to the Material Events Guideline and the regulations, the Turkish public disclosure shall prevail.