Summary Info
The Twenty-Fourth Coupon Payment of Subordinated Notes Issuance to Sell Domestic Qualified Investors
Update Notification Flag
No
Correction Notification Flag
Yes
Postponed Notification Flag
No
Subject of Notification
Coupon Payment
Reason of Correction
Payment Amount has been corrected.
Board Decision Date
02.09.2019
Related Issue Limit Info
Currency Unit
TRY
Limit
5.000.000.000
Issue Limit Security Type
Subordinated Debt Securities
Sale Type
Sale To Qualified Investor
Domestic / Oversea
Domestic
Capital Market Board Approval Date
12.09.2019
Capital Market Instrument To Be Issued Info
Type
Subordinated Debt Securities
Maturity Date
14.09.2029
Maturity (Day)
3.640
Sale Type
Sale To Qualified Investor
The country where the issue takes place
Türkiye
Approval Date of Tenor Issue Document
12.09.2019
Title Of Intermediary Brokerage House
VAKIF YATIRIM MENKUL DEĞERLER A.Ş.
Central Securities Depository
MKK
Starting Date of Sale
23.09.2019
Ending Date of Sale
24.09.2019
Nominal Value of Capital Market Instrument Sold
725.000.000
Maturity Starting Date
27.09.2019
Issue Price
1
Interest Rate Type
Floating Rate
The Period That Rate Will Be Used
T-1
Floating Rate Reference
TLREF
Additional Return (%)
1,50
Traded in the Stock Exchange
Yes
Payment Type
TL Payment
ISIN Code
TRSVKFB92925
Coupon Number
40
Currency Unit
TRY
Coupon Payment Frequency
Quarterly
Redemption Plan of Capital Market Instrument Sold
Coupon Number
Payment Date
Record Date
Payment Date
Interest Rate - Periodic (%)
Interest Rate - Yearly Simple (%)
Interest Rate - Yearly Compound (%)
Payment Amount
Exchange Rate
Was The Payment Made?
1
27.12.2019
26.12.2019
27.12.2019
4,4526
17,8593
19,0926
32.281.350
Yes
2
27.03.2020
26.03.2020
27.03.2020
3,9133
15,6961
16,6453
28.371.425
Yes
3
26.06.2020
25.06.2020
26.06.2020
3,1073
12,4633
13,0586
22.527.925
Yes
4
25.09.2020
24.09.2020
25.09.2020
2,5276
10,1381
10,5305
18.325.100
Yes
5
25.12.2020
24.12.2020
25.12.2020
2,6793
10,7467
11,188
19.424.925
Yes
6
26.03.2021
25.03.2021
26.03.2021
3,8954
15,6243
16,5649
28.241.650
Yes
7
25.06.2021
24.06.2021
25.06.2021
4,6887
18,8063
20,176
33.993.075
Yes
8
24.09.2021
23.09.2021
24.09.2021
5,1181
20,5285
22,1654
37.106.225
Yes
9
24.12.2021
23.12.2021
24.12.2021
5,1057
20,4788
22,1076
37.016.325
Yes
10
25.03.2022
24.03.2022
25.03.2022
4,4749
17,9487
19,1947
32.443.025
Yes
11
24.06.2022
23.06.2022
24.06.2022
3,936
15,7871
16,7477
28.536.000
Yes
12
23.09.2022
22.09.2022
23.09.2022
3,8904
15,6045
16,5424
28.205.400
Yes
13
23.12.2022
22.12.2022
23.12.2022
3,8002
15,2427
16,137
27.551.450
Yes
14
24.03.2023
23.03.2023
24.03.2023
3,11
12,4741
13,0705
22.547.500
Yes
15
23.06.2023
22.06.2023
23.06.2023
2,6537
10,644
11,0768
19.239.325
Yes
16
22.09.2023
21.09.2023
22.09.2023
2,803
11,2428
11,7262
20.321.750
Yes
17
22.12.2023
21.12.2023
22.12.2023
5,1959
20,8409
22,5285
37.670.275
Yes
18
22.03.2024
21.03.2024
22.03.2024
8,9861
36,0432
41,2196
65.149.225
Yes
19
21.06.2024
20.06.2024
21.06.2024
11,4576
45,9564
54,5099
83.067.600
Yes
20
20.09.2024
19.09.2024
20.09.2024
13,1869
52,8924
64,3523
95.605.025
Yes
21
20.12.2024
19.12.2024
20.12.2024
13,0032
52,1556
63,285
94.273.200
Yes
22
21.03.2025
20.03.2025
21.03.2025
12,6614
50,7847
61,3131
91.795.150
Yes
23
20.06.2025
19.06.2025
20.06.2025
11,6703
46,8093
55,696
84.609.675
Yes
24
19.09.2025
18.09.2025
19.09.2025
12,3004
49,3366
59,2498
89.177.900
Yes
25
19.12.2025
18.12.2025
19.12.2025
11,3066
45,3507
53,6721
26
20.03.2026
19.03.2026
20.03.2026
27
19.06.2026
18.06.2026
19.06.2026
28
18.09.2026
17.09.2026
18.09.2026
29
18.12.2026
17.12.2026
18.12.2026
30
19.03.2027
18.03.2027
19.03.2027
31
18.06.2027
17.06.2027
18.06.2027
32
17.09.2027
16.09.2027
17.09.2027
33
17.12.2027
16.12.2027
17.12.2027
34
17.03.2028
16.03.2028
17.03.2028
35
16.06.2028
15.06.2028
16.06.2028
36
15.09.2028
14.09.2028
15.09.2028
37
15.12.2028
14.12.2028
15.12.2028
38
16.03.2029
15.03.2029
16.03.2029
39
15.06.2029
14.06.2029
15.06.2029
40
14.09.2029
13.09.2029
14.09.2029
Principal/Maturity Date Payment Amount
14.09.2029
13.09.2029
14.09.2029
Rating
Does the issuer have a rating note?
Yes
Issuer Rating Note
Rating Company
Rating Note
Rating Date
Is it Investment Grade?
Fitch Ratings
AA(tur) / Ulusal Uzun Vadeli Not
26.07.2022
Yes
Does the capital market instrument have a rating note?
No
Does the originator have a rating note?
No
Additional Explanations
Reference: VakıfBank Public Disclosures Dated September 4, 2019, September 6, 2019, September 13, 2019 and September 25, 2019. The twenty-fourth coupon payment of abovementioned Turkish Lira Benchmark Interest Rate Indexed (TLREF) Tier II notes amounting TL 725,000,000 with 10 years maturity (3,640 days), having a 10NC5 structure and floating rate has been completed as of today (19.09.2025). According to CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.