Summary Info
CMB Approval of Debt Instrument Issuance
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Authorized Member Decision Date
26.12.2024
Issue Limit
5.000.000.000
Currency Unit
USD
Issue Limit Security Type
Debt Securities
Sale Type
Oversea
Domestic / Oversea
Oversea
Capital Market Board Application Date
31.12.2024
Capital Market Board Application Result
APPROVAL
Capital Market Board Approval Date
27.02.2025
Expiry Date of Issue Limit
27.02.2026
Issue Date Of Prospectus
27.02.2025
Additional Explanations
Ref: VakıfBank Public Disclosure dated December 31st, 2024. It was announced with the referred disclosure that the Head Office is authorized by the Board of Directors on the meeting that was held on 26.12.2024 to apply to Banking Regulation and Supervision Agency and the Capital Markets Board and obtain approvals in order to issue private placements, eurobonds and capital debt instruments (sub-debts) to be included in the equity calculation in all currencies up to US$ 5 billion and accordingly, the applications were made to the CMB and the BRSA for the renewal of the issuance certificate which allows the international issuances of private placements, eurobonds and subordinated bonds, equivalent to USD 5 billion and valid for one year. In this context the application has been approved with the CMB's bulletin dated February 27, 2025 and numbered 2025/11. Approved prospectus is enclosed herewith. Please be informed that the enclosed document is in Turkish 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.
Supplementary Documents
Appendix: 1
İhraç Belgesi-Konvansiyonel.pdf