Summary Info
Issuance of Green Bills
Update Notification Flag
No
Correction Notification Flag
No
Postponed Notification Flag
No
Subject of Notification
Other
Board Decision Date
26.01.2024
Related Issue Limit Info
Currency Unit
TRY
Limit
5.000.000.000
Issue Limit Security Type
Green/Sustainability-Themed Capital Market Instruments
Sale Type
Public Offering
Domestic / Oversea
Domestic
Capital Market Board Approval Date
21.03.2024
Capital Market Instrument To Be Issued Info
Type
Green Bill
Maturity Date
26.08.2024
Maturity (Day)
126
Sale Type
Public Offering
The country where the issue takes place
Türkiye
Is The Issued Capital Market Instrument Green/Sustainability-Themed?
Yes
Title Of Intermediary Brokerage House
İŞ YATIRIM MENKUL DEĞERLER A.Ş.
Central Securities Depository
Merkezi Kayıt Kuruluşu A.Ş.
Starting Date of Sale
15.04.2024
Ending Date of Sale
19.04.2024
Maturity Starting Date
22.04.2024
Traded in the Stock Exchange
Yes
Payment Type
TL Payment
Coupon Number
0
Currency Unit
TRY
Rating
Does the issuer have a rating note?
Yes
Issuer Rating Note
Rating Company
Rating Note
Rating Date
Is it Investment Grade?
Fitch Ratings
A+(tur)/Ulusal Uzun Vadeli Notu
15.03.2024
Yes
Does the capital market instrument have a rating note?
No
Does the originator have a rating note?
No
Additional Explanations
Reference: Public disclosure of Türkiye İş Bankası A.Ş. (İşbank) on 22.03.2024. Within the framework of the Resolution of the Board of Directors of İşbank dated 26.01.2024 on the issuance of borrowing instruments, the Head Office started operations to issue green bills with a nominal value of TL 3 billion with a term of 126 days via public offering, to determine the maturity, interest rate, principles of distribution and allocations related to this issuance, to complete the sales process and to put all the necessary procedures into effect, including the listing of the issuance on Borsa Istanbul. The amount might be increased to a nominal value of TL 4,5 billion, in the event that the demand for the public offering of green bills exceeds the total public offering amount. İşbank applied to the Capital Markets Board related to the aforementioned issuance. 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.