Turk Ekonomi Bankasi TURA Issuance of Debt Instruments

  Turk Ekonomi Bankasi (TURA) - Issuance of Debt Instruments

RNS Number : 3968F
Turk Ekonomi Bankasi A.S.
14 June 2012


SPECIAL CIRCUMSTANCES DECLARATION FORM - Issuance of Debt Instruments -
Progress



Trade Name of the Company          Türk Ekonomi Bankası A.Ş.
                                   TEB Kampüs C ve D Blok, Saray Mahallesi,
Address of the Company           : Sokullu Caddesi, No: 7A-7B
                                   Ümraniye/İSTANBUL
Telephone and Fax Number         : (0216) 635 35 35 - (0216) 636 36 36
Telephone and Fax Number of the
Investors/Shareholders and       : (0216) 635 35 35 - (0216) 636 36 36
Relationship Unit of the Company
Date                             : 14 June 2012
Is the declaration an Update?    : No
Is the declaration a Correction? : No
Is the declaration postponed?    : No
Date of the previous special     : 13 June 2012
circumstance declaration
                                   Applications to the Capital Markets  Board, 
Subject                          : the  Banking  Regulation  and   Supervision 
                                   Agency and Istanbul Stock Exchange for  the 
                                   issuance of debt instruments



ISIN Code of the Debt Instrument       : -
Type of the Debt Instrument            : Bank bond and/or debenture
Maturity of the Debt Instrument        : Varying maturities
Issuance Amount of the Debt Instrument : Up to TRY 1.400.000.000



EXPLANATION:



It was previously announced  that our Bank's Board  of Directors' resolved  to 
issue a Turkish Lira denominated bank  bond and/or debentures in Turkey up  to 
the amount of TRY  1.400.000.000 with varying maturities  and series within  a 
one year period by our Bank and to authorize the Head Office for carrying  out 
all  procedures  including  making  necessary  applications  to  the   Banking 
Regulation and Supervision  Agency, the  Capital Markets Board  and all  other 
third parties  within the  scope  of these  bond/debenture issuances  and  the 
acceptance of the provisions by our Bank.



At this stage,  our Bank  has made the  required applications  to the  Capital 
Markets Board,  the Banking  Regulation and  Supervision Agency  and  Istanbul 
Stock Exchange for the issuance of  Turkish Lira denominated bank bond  and/or 
debenture to be  sold in Turkey  up to  the amount of  TRY 1.400.000.000  with 
varying maturities and series within one year period.



We hereby state that the above explanations comply with the provisions of  the 
Communiqué of  the Capital  Market Board,  Serial: VIII,  No: 54,  they  fully 
represent the information which we received on this issue/issues, the declared
information is compatible with the documents, related books and records of the
Company, we  used all  the  efforts to  gather  the information  complete  and 
accurate and we are responsible for the explanations stated above.

                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


STRGGUCPQUPPGWC -0- Jun/14/2012 13:27 GMT
 
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