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Additional Explanations
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Reference: Public disclosures on 05/23/2018. It was annonunced previously that The Board of Directors of the Bank adopted a resolution for the issuance of sukuk up to the amount of 4 billion TRY nominal in Turkish currency (TRY) with different maturities, to be sold domestically via private placement or the sales to qualified investors in one tranche or more tranches and to authorize Halk Varlık Kiralama A.Ş. as "Asset Lease Company". The Head Office and the Deputy Directorate General of Treasury Management and International Banking have been decided to be authorized for all subjects related to sukuk issuance. According to the authorization, an application was made to the Capital Markets Board to receive an issuance ceiling approval up to 4 billion TRY nominal in regards to the sukuk issuance in accordance with the relevant legislation with different types and maturities, to be sold domestically via sales to qualified investors or private placement. In case of any contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail. |
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We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.