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Summary Info
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Approval of the CMB Regarding the Issuance of Additional Tier 1 Eurobond Abroad
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Update Notification Flag
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Yes
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Correction Notification Flag
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No
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Postponed Notification Flag
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No
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Subject of Notification
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Other
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Board Decision Date
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20.11.2024
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Currency Unit
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USD
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Limit
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5.000.000.000
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Issue Limit Security Type
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Debt Securities
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Sale Type
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Oversea
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Domestic / Oversea
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Oversea
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Capital Market Board Approval Date
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26.12.2024
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Capital Market Instrument To Be Issued Info
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Type
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Subordinated Debt Securities
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Maturity Date
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15.07.2035
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Maturity (Day)
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3.833
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Sale Type
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Oversea
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Does the issuer have a rating note?
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Yes
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Issuer Rating Note
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Rating Company
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Rating Note
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Rating Date
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Is it Investment Grade?
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Fitch Ratings
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AA-(tur)- Ulusal Uzun Vadeli Notu (National Long Term)
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17.09.2024
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Yes
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Does the capital market instrument have a rating note?
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Yes
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Capital Market Instrument Rating Note
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Rating Company
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Rating Note
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Rating Date
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Is it Investment Grade?
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Fitch Ratings
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B-
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07.01.2025
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No
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Does the originator have a rating note?
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No
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Reference: Public disclosures of Türkiye İş Bankası A.Ş. (İşbank) on 07.01.2025 and 09.01.2025. The approval of the Capital Markets Board has been obtained for the issuance of debt instruments that can be included in Additional Tier 1 Capital in the amount of 500 million USD, which is planned to be issued abroad by Our Bank on January 15, 2025. 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.
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