The issuance of debt securities which can be included Additional Tier 1 Capital at abroad of USD 650 million
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[KCHOL]
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Hayır (No)
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Hayır (No)
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26.04.2018, 11.12.2018, 08.01.2019
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Hayır (No)
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The process of book building which is stated in the public disclosure dated 08.01.2019 has been completed; in this context, it is planned to be issued an Additional Tier 1 Capital (AT1) with the nominal amount of 650 million USD abroad, having the particulars specified in the BRSA's Regulation on Equity of the Banks (the "Equity Regulation") which are perpetual and can be included in the Additional Tier 1 Capital (ilâve ana sermaye) of our Bank, to be issued in compliance with the conditions in Article 7 of the Equity Regulation, entitled "Additional Tier 1 Capital", non matured, early redemption every five years after issuance based on BRSA approval, annual rate of 13.875% for the first five years and 6 months coupon payment, If the core capital adequacy ratio falls below 5.125%, it may be subject to temporary value reduction.
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