Consequent to Capital Markets Board of Turkey’s 23 September 2021 dated 49/1401 numbered approval, on 22/6/2022 HSBC Bank A.Ş. will issue 250,000,000 TL nominal of discount bonds maturing on 21/9/2022 with 24.00% annual simple rate to corporate qualified investors in Turkey via HSBC Yatırım Menkul Değerler A.Ş.
The details of issuance is as follows:
Date of Booking: 21/6/2022
Issuance Date: 22/6/2022
Date of Maturity: 21/9/2022
Rate*: 24.00% Simple / 26.25% Compound
Issue Price: 94.354
Issue Amount **: 135,000,000 TL Nominal
Rating: Aa2.tr (LT National Scale Rating by Moody's, 10/11/2021)
*Rate can be updated according to market conditions.
**Nominal Issue Size may change depending on the demand.