Summary Info
Regarding Sustainable Eurobond Issuance
Update Notification Flag
No
Correction Notification Flag
No
Postponed Notification Flag
No
Subject of Notification
Other
Board Decision Date
14.06.2023
Related Issue Limit Info
Currency Unit
USD
Limit
2.000.000.000
Issue Limit Security Type
Green/Sustainability-Themed Capital Market Instruments
Sale Type
Oversea
Domestic / Oversea
Oversea
Capital Market Board Approval Date
07.09.2023
Capital Market Instrument To Be Issued Info
Type
Sustainable Bond
Maturity Date
12.06.2029
Maturity (Day)
1.826
Sale Type
Oversea
Is The Issued Capital Market Instrument Green/Sustainability-Themed?
Yes
Coupon Number
9
Currency Unit
USD
Coupon Payment Frequency
Once Every Six Months
Redemption Plan of Capital Market Instrument Sold
Coupon Number
Payment Date
Was The Payment Made?
1
12.12.2024
2
12.06.2025
3
12.12.2025
4
12.06.2026
5
12.12.2026
6
12.06.2027
7
12.12.2027
8
12.06.2028
9
12.12.2028
Principal/Maturity Date Payment Amount
12.06.2029
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)- Uzun Vadeli Ulusal Kredi Notu
22.09.2023
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 05.06.2024. With the related public disclosure, it was announced that our Bank has mandated Abu Dhabi Commercial Bank, Citi, Emirates NBD Capital, ING, MUFG, SMBC Nikko ve Standard Chartered Bank for an issuance of U.S. dollar-denominated Eurobond to natural and legal persons who are domiciled outside of Turkey. In this context, the bookbuilding process with respect to the issuance has been completed. The fixed rate notes with nominal amount of USD 500 million, 5 year maturity, redemption date of 12 June 2029 and semi-annual coupon payments, have the yield and the coupon rate of 7.75%. ISIN Codes of the note are XS2654059752 and US90016BAH15 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.