Preparations for sustainable bond issuance at İş Bank

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Preparations for sustainable bond issuance at İş Bank

In a statement made by İş Bankası to the Public Disclosure Platform (KAP), it was announced that the General Directorate was authorized to carry out the necessary procedures regarding the issuance of green and sustainable bonds and financing bond type debt instruments up to 2 billion USD. The statement reads as follows: "The Board of Directors has authorized the General Directorate to carry out the necessary procedures regarding the issuance of green and/or sustainable bonds and/or financing bond type debt instruments, including debt instruments that have the qualities specified in the Regulation on the Equity of Banks and will be included in the equity calculation, with fixed and/or variable interest rates, up to a total of 2 billion USD or the equivalent amount in other currencies including the Turkish Lira, to be issued abroad, in one or more installments."