Summary Info
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Issuance of Eurobond Abroad
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Update Notification Flag
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No
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Correction Notification Flag
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No
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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
|
|
Board Decision Date
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29.02.2024
|
|
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Currency Unit
|
USD
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Limit
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500.000.000
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Issue Limit Security Type
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Subordinated 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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07.03.2024
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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
|
21.03.2029
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Maturity (Day)
|
1.826
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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/Clearstream
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Ending Date of Sale
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21.03.2024
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Nominal Value of Capital Market Instrument Sold
|
268.110.000
|
Maturity Starting Date
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21.03.2024
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Issue Exchange Rate
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32,3294
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Interest Rate Type
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Fixed Rate
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Traded in the Stock Exchange
|
No
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Payment Type
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Foreign Exchange Payment
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ISIN Code
|
XS2778918834
|
Coupon Number
|
10
|
Currency Unit
|
USD
|
Coupon Payment Frequency
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Once Every Six Months
|
|
|
Redemption Plan of Capital Market Instrument Sold |
Coupon Number
|
Payment Date
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Was The Payment Made?
|
1
|
21.09.2024
|
|
2
|
21.03.2025
|
|
3
|
21.09.2025
|
|
4
|
21.03.2026
|
|
5
|
21.09.2026
|
|
6
|
21.03.2027
|
|
7
|
21.09.2027
|
|
8
|
21.03.2028
|
|
9
|
21.09.2028
|
|
10
|
21.03.2029
|
|
Principal/Maturity Date Payment Amount
|
21.03.2029
|
|
|
|
|
Does the issuer have a rating note?
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Yes
|
|
Issuer Rating Note |
Rating Company
|
Rating Note
|
Rating Date
|
Is it Investment Grade?
|
Fitch Ratings
|
B-
|
15.03.2024
|
No
|
|
|
Does the capital market instrument have a rating note?
|
Yes
|
|
Capital Market Instrument Rating Note |
Rating Company
|
Rating Note
|
Rating Date
|
Is it Investment Grade?
|
Fitch Ratings
|
CCC-
|
18.03.2024
|
No
|
|
|
|
|
Ref. Material Event Disclosure dated 14 March 2023 Our application to the CMB in order to obtain the tranche issuance certificate for additional tier-1 eurobond issuance amounting to USD 300 million has been approved and finalized. Copy of the tranche issuance certificate approved by the CMB is attached. Issuance of the additional tier-1 notes (with two ISIN codes XS2778918834 -286,110,000 USD and US90015YAF60 – 13,890,000 USD) which was referred in the disclosures in the reference has been completed as of 21 March 2024.
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Appendix: 1
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Türkiye Sınai Kalkınma Bankası A.Ş. Tertip İhraç Belgesi.pdf
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