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Hayır (No)
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Hayır (No)
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14.02.2017
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Hayır (No)
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Reference: VakıfBank Public Disclosure Dated February 14th, 2017
It was announced with the referred disclosure that the exchange of Basel II compliant Tier II subordinated notes issued in 2012, into Basel 3-compliant notes with a nominal amount of USD 227,605,000 was completed.
Within this concept, it is decided to use the call option of Basel 3-compliant Tier II subordinated notes, amounting USD 227,605,000 with 10 years maturity and having a call option at the end of 5th year. Accordingly, the applications to the Banking Regulation and Supervision Agency to call subordinated notes have been approved.
All of the Notes will be redeemed on November 1st, 2022.
According to 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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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.