[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
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Material Event Disclosure General
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VakıfBank issued a Diversified Payment Rights (DPR) securitization transaction totaling over USD 700 million, consisting of 2 tranches amounting EUR 350 million and USD 330 million. The aforementioned transaction is the largest outright DPR securitization transaction amount among Turkish banks.
The transaction under DPR programme consisting of 2 tranches in EUR and USD denominated, has a final maturity of 5 years with a minimum 2-year grace period in 6 different transactions with the participation of 6 diferent international investors.
According to CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.