Reference: Public disclosure of Türkiye İş Bankası A.Ş. (İşbank) on 22.08.2016.
Within the framework of the Resolution of the Board of Directors of İşbank dated 22.08.2016 on the issuance of borrowing instruments, the Head Office started operations to issue bills with a nominal value of TL 350 million with a term of 165 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. At the same time, discount bonds with a nominal value of TL 350 million with a term of 368 days will be issued. The amount might be increased to a nominal value of TL 1,05 billion, in the event that the demand for the public offering of bills and discount bonds exceeds the total public offering amount.
İşbank applied to the Capital Markets Board related to the aforementioned issuance.
This is the translation of the Turkish public disclosure made by Türkiye İş Bankası A.Ş. through the Public Disclosure Platform, under the Material Events Guideline prepared in accordance with the Communique of Material Events, numbered II-15.1. According to the Material Events Guideline and the regulations, the Turkish public disclosure shall prevail.