07.03.2022
Consequent to Capital Markets Board of Turkey’s 23 September 2021 dated 49/1401 numbered approval, on 8/3/2022 HSBC Bank A.Ş. will issue 200,000,000 TL nominal of discount bonds maturing on 22/6/2022 with 18.25% 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 : 8/3/2022
Issuance Date : 9/3/2022
Date of Maturity : 22/6/2022
Rate* : 18.25% Simple / 19.47% Compound
Price of Issuance : 95.012
Amount of Issuance ** : 100,000,000 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.