Summary Info
Board Decision Regarding the Issuance of Subordinated Notes Domestically
Update Notification Flag
No
Correction Notification Flag
No
Postponed Notification Flag
No
Authorized Member Decision Date
30.11.2023
Issue Limit
15.000.000.000
Currency Unit
TRY
Issue Limit Security Type
Subordinated Debt Securities
Sale Type
Private Placement-Sale To Qualified Investor
Domestic / Oversea
Domestic
Additional Explanations
With the Bank's Board of Directors' decision, to issue TL borrowing instruments up to TL 15 billion domestically, that meet the criteria for the inclusion in subordinated notes in accordance with the relevant legislation, in batches, with various terms, yields and amounts; and the Head Office were 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 who is domiciled in domestic only. According to CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.