Akbank has successfully completed the issuance of a $500 million sustainability senior unsecured Eurobond to international capital markets investors, achieving a 7.5% yield. The total book size for the issuance reached $1.5 billion. With this transaction, the share of sustainability-focused wholesale funding in Akbank's portfolio has increased to 66%. The geographical distribution of the issuance was allocated as follows: 42% to the UK and Ireland, 21% to the USA, 20% to Continental Europe, 13% to the Middle East, and 4% to Asia.

Akbank supports the Turkish Economy through loans of 1 trillion 323 billion in the first quarter of 2024 Akbank supports the Turkish Economy through loans of 1 trillion 323 billion in the first quarter of 2024

KAAN GÜR

Akbank CEO Kaan Gür commented, “We are proud to announce the successful completion of our $500 million sustainability senior unsecured Eurobond issuance. The strong interest from investors highlights the prestige and credibility of both our country and our bank in international markets.”

Levent Çelebioğlu, Executive Vice President of Akbank’s Corporate and Investment Banking, added, “This issuance reinforces Akbank's strong reputation in international markets and underscores our commitment to sustainability goals.”

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