Turkiye Is Bankasi A S : Issuance of Borrowing Instrument
January 02, 2015 at 08:11 pm IST
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Issuance of Borrowing Instrument
29
12.2014
ISIN Code of Borrowing Instrument
:
-
Description of the Issued Borrowing Instrument
:
Bills / Bills/ Discount Bonds
Maturity of Borrowing Instrument
:
75 days / 241 days / 383 days
Issuance Amount of Borrowing Instrument
:
TL 300,000,000 / TL 700,000,000 / TL 100,000,000
Reference: Isbank's public disclosure on 28/08/2014
Within the framework of the Resolution of the Board of Directors of Türkiye İş Bankası A.Ş. dated 28.08.2014 on the domestic issuance of borrowing instruments, the Head Office started operations to issue bills with a nominal value of TL 300 million with a term of 75 days, bills with a nominal value of TL 700 million with a term of 241 days and to issue discount bonds with a nominal value of TL 100 million with a term of 383 days via public offering to determine the maturity, interest rate, principles of distribution and allocations related to this issuance, to complete the sales process and to put all the necessary procedures into effect, including the listing of the issuance on Borsa Istanbul. The amount might be increased to a nominal value of TL 1,600 million, in the event that the demand for the public offering of bills and discount bonds exceeds the total public offering amount.
Isbank applied to the Capital Markets Board related to aforementioned issuance.
"This is a translation of the original public disclosure in Turkish made by İşbank through the Public Disclosure Platform (www.kap.gov.tr), which is to be accepted as the main source of public disclosures. The original public disclosure in Turkish is the only definitive and official version. If there is any discrepancy between the Turkish public disclosure and the English translation of it, the Turkish public disclosure shall prevail. The translation is for informational purposes only and is provided by İşbank for convenience to non-Turkish speaking parties. However, İşbank cannot guarantee the accuracy, completeness or correctness of the translation. İşbank does not accept any liability whatsoever for any direct or consequential loss arising from any use of this translation due to any misleading information that may be found in the translation. Any person or entity who relies on information contained in the translation does so at his or her own risk."
Turkiye Is Bankasi AS is a Turkey-based banking institution. It operates under the following business segments: Corporate, Commercial, Retail and Private Banking, as well as Treasury/Investment Banking. Its Corporate and Commercial Banking segments provide services to large corporations, Small and Medium Enterprises (SMEs) and other trading companies, such as operating and investment loans, deposit and cash management, foreign trade transactions and financing, foreign currency trading and other banking services. Its Retail Banking services are comprised of individuals needs such as deposits, consumer loans, credit cards, foreign currency trading, insurance and other banking services. The Private Banking category is comprised of financial and cash management related services provided for individuals within the high-income segment. Treasury transactions are comprised of medium and long term funding tools. Its investments in associates and subsidiaries fall under Investment Banking.
TÜRKIYE IS BANKASI 
