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Related Issue Limit Info
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Capital Market Instrument To Be Issued Info
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Additional Explanations
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Reference a) Public Disclosure dated 03.07.2017, b) Public Disclosure dated 27.07.2017. As per our referenced disclosures above, it was announced that Akbank had signed an agreement to secure financing of EUR 200 million equivalent in Turkish Lira with European Investment Bank ("EIB") under the bank's Covered Bond Programme proceeds of which will be on-lent to SME's /MidCAP's and for the financing of the renewable energy and energy efficiency projects. Capital Markets Board approved issuance certificate for the bond pertaining to the first tranche – total of 649.776.000 TL - was also attached as part of the referenced announcements. In this context; 649.776.000 TL financing has been secured by a 6 year tenor covered bond issuance. Second tranche of the financing will be secured in the forthcoming period. In case of 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.