Yapı Kredi successfully completed its first Sustainable Eurobond issuance with a nominal amount of USD 500 million on 13 September 2023. In addition to this prior Sustainable Eurobond issuance with 9.25% coupon rate with a term of 5 years and 1 month, Yapı Kredi will tap its Sustainable Eurobond with an additional USD 300 million amounting to a total of USD 800 million . Yapı Kredi intends to use the proceeds from this offering in compliance with its Sustainable Finance Framework.
The yield has been set at 8.75%, with semi-annual interest payments and having a maturity on October 16th, 2028. The issuance is planned to be completed on 27 November 2023, following the receipt of the Issuance Certificate from the CMB.
Istanbul, 21 November 2023
Enquiries:
Yapı Kredi Investor Relations & Yapı Kredi Sustainability
Investor Relations Email: yapikredi_investorrelations@yapikredi.com.tr
Sustainability Email: sustainability@yapikredi.com.tr