On 27 August 2025, Yapı Kredi successfully priced 500 million US$ worth of perpetual Additional Tier 1 Notes (AT1) with an annual coupon rate of 8.25% and semi-annual coupon payments. Abu Dhabi Commercial Bank, Citibank, Emirates NBD, JP Morgan, Mizuho and Standard Chartered has been authorized for the transaction.
The transaction received over 4 times demand, consisting of a geographically diverse investor base.
The first call option can be exercised from 4 September 2030, corresponding to the 5th year of issuance, until 4 March 2031. In case our Bank does not exercise the call option, there is a call option on every semi-annual coupon payment date thereafter. The issuance is planned to be completed on 4 September 2025, following the receipt of necessary CMB approval.
Including the finalisation of this successful transaction, approximately 4.4 billion US$ was raised from abroad in 2025 and 6.9 billion US$ in the last one year.
Istanbul, 28 August 2025
Inquiries: Yapı Kredi Investor Relations
Email: yapikredi_investorrelations@yapikredi.com.tr