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Summary Info
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CMB Approval of Foreign Debt Instrument Issuance under the GMTN Programme
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Update Notification Flag
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No
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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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Completion of the Sale
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Board Decision Date
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28.08.2023
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Currency Unit
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USD
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Limit
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1.000.000.000
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Issue Limit Security Type
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Green/Sustainability-Themed Capital Market Instruments
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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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31.08.2023
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Capital Market Instrument To Be Issued Info
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Type
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Sustainable Bill
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Maturity Date
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12.10.2028
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Maturity (Day)
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1.857
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Sale Type
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Oversea
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The country where the issue takes place
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İrlanda
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Is The Issued Capital Market Instrument Green/Sustainability-Themed?
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Yes
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Central Securities Depository
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Euroclear
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Ending Date of Sale
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12.09.2023
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Nominal Value of Capital Market Instrument Sold
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750.000.000
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Maturity Starting Date
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12.09.2023
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Issue Exchange Rate
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1
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Interest Rate Type
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Fixed Rate
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Traded in the Stock Exchange
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Yes
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Payment Type
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Foreign Exchange Payment
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ISIN Code
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XS2677517497
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Coupon Number
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10
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Currency Unit
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USD
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Coupon Payment Frequency
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Once Every Six Months
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Redemption Plan of Capital Market Instrument Sold
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Coupon Number
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Payment Date
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Was The Payment Made?
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1
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12.04.2024
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2
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14.10.2024
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3
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14.04.2025
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4
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13.10.2025
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5
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13.04.2026
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6
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12.10.2026
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7
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12.04.2027
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8
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12.10.2027
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9
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12.04.2028
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10
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12.10.2028
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Principal/Maturity Date Payment Amount
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12.10.2028
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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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A+(tur) - Ulusal Uzun Vadeli Notu (National Long Term)
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26.07.2022
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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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05.09.2023
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No
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Reference: VakıfBank Public Disclosure dated September 5rd, 2023 It was announced with the referred disclosure that book-building process in relation to issuance of the Sustainable Eurobond had been completed. The yield and the coupon rate have been set at 9.125% and 9% respectively for USD 750 Million fixed rate notes with semi-annual interest payment, having a maturity on October 12st, 2028 with a term of 5 years and 1 month. Issuance certificate approved by CMB is enclosed herewith. According to CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail
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Appendix: 1
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Türkiye Vakıflar Bankası T.A.O. Tertip İhraç Belgesi.pdf
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