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Summary Info
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Regarding AT-1 issuance completion
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Update Notification Flag
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No
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Correction Notification Flag
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Yes
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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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Reason of Correction
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The registration status in Central Securities Depository and Trade Repository of Türkiye has been changed.
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Board Decision Date
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22.09.2025
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Currency Unit
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USD
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Limit
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5.000.000.000
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Issue Limit Security Type
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Debt Securities
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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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27.02.2025
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Capital Market Instrument To Be Issued Info
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Type
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Subordinated Debt Securities
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Maturity Date
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06.01.2036
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Maturity (Day)
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3.744
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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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Central Securities Depository
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Euroclear
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Ending Date of Sale
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06.10.2025
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Nominal Value of Capital Market Instrument Sold
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500.000.000
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Maturity Starting Date
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06.10.2025
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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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XS3196022597
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Coupon Number
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0
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Redemption Date
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06.01.2036
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Record Date
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04.01.2036
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Payment Date
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07.01.2036
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Currency Unit
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USD
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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 Rating
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A+(tur) - Ulusal Uzun Vadeli Notu
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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 Rating
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CCC+ (Yabancı Para İlave Ana Sermayeye Dâhil Edilebilir Borçlanma Aracı (AT1) Kredi Notu)
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29.09.2025
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Yes
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Reference: VakıfBank Public Disclosure Dated September 29, 2025. It was announced with the referred disclosures that; the issuance of USD denominated Additional Tier 1 notes that qualified as Tier 1 capital pursuant to Article 7 of the Regulation on Equity of the Banks, evaluated following the relevant investor consersium and the book-building process of the Additional Tier-1 Notes has been completed amounting to USD 500 million. In this context, the issuance amount of debt instrument that can be included Additional Tier 1 Capital amounting to USD 500 million with the ISIN code XS3196022597 have been transferred to VakıfBank's accounts on 06.10.2025. Additional Tier 1 Notes are perpetual. The maturity date has stated as 06.01.2036 in order to register the notes in the Central Securities Depository's (MKK) system. According to the 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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