Yapi ve Kredi Bankasi : Successful issuance of 500 million US$ perpetual Additional Tier 1 Capital Transaction

On 20 May 2026, Yapı Kredi successfully priced 500 million US$ worth of perpetual Additional Tier 1 Notes (AT1) deal with an annual coupon rate of 9.375% and semi-annual coupon payments. Abu Dhabi Commercial Bank, Citibank, Emirates NBD, First Abu Dhabi Bank, JP Morgan, Societe Generale and Standard Chartered has been authorized for the transaction.

The first call option can be exercised from 26 May 2031, corresponding to the 5th year of issuance, until 26 November 2031. In case our Bank does not exercise the call option, there is a call option on every semi-annual coupon payment date thereafter. The issuance is planned to be completed on 26 May 2026, following the receipt of necessary CMB approval.

Istanbul, 21 May 2026
Inquiries: Yapı Kredi Investor Relations
Email: [email protected]