|
||||||||||||
|
||||||||||||
|
||||||||||||
Additional Explanations
|
||||||||||||
By our Bank Board of Directors resolution dated 24.07.2020; It is resolved to authorize the Head Office to issue local currency bank bills and/or bonds in Turkey with varying maturities up to a nominal amount of TL 25,000,000,000 (twenty five billion Turkish Lira), to materialize the sales as private placements and/or through public offerings or to qualified investors, to determine all conditions and provisions related to issuances, to set the maturities of the debt securities which are issued in one or more tranches; as well as setting either floating or fixed interest rates and either discount or coupon bond types depending on the market conditions, to choose the suitable government bills and/or bonds or any other benchmark as reference for the related issuance and if required, to determine the issuance rate and add spread to the issuance, and to make the necessary applications to the Banking Regulation and Supervision Agency, Capital Markets Board of Turkey and other authorities. In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
|
||||||||||||
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.