Yapı Kredi has decided to redeem US$ 650 million AT-1 bonds, following the receipt of necessary BRSA approval
Board of Directors resolution dated December 14, 2023, it is resolved that our Bank will redeem the USD 650 million Perpetual, Fixed Rate, Resettable Additional Tier-1 bonds (ISIN: XS1867595750 ; US984848AL55) issued on January 15, 2019, on its first reset date, January 15, 2024, following the receipt of necessary BRSA approval and to authorize the Head Office for all operations to be executed and sign documents in this scope.
Istanbul, 14 December 2023
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