Page 37 - TURKRptOct21

Major eurobond issues by Turkish issuers
Issuer ISIN Coupon Volume (USD mn) End of placement Maturity UST+
Treasury 6.50% 1,500 Sep 14, 2021 Sep 20, 2033 518
Treasury 6.125% 750 Sep 14, 2021 Oct 24, 2028 460
Vakifbank US90015WAL72 5.50% 500 Sep 10, 2021 Oct 1, 2026 468
Kuveyt Turk Bank XS2384355520 6.125% 350 Sep 10, 2021 Dec 16, 2031 531
Aydem (AYDEM) US054644AA72 7.75% 750 Jul 26, 2021 Feb 2, 2027 702
Hyundai Assan XS2362559481 1.63% 300 Jul 6, 2021 Jul 12, 2026 82
Treasury XS2361850527 4.375% EUR1,500 Jun 30, 2021 Jul 8, 2027 MS+468
Eximbank XS2332876106 5.75% 750 Jun 29, 2021 Jul 6, 2026 486
Sasa (SASA) XS2357838601 3.250% EUR200 Jun 22, 2021 Jun 30, 2026 ECB+379
Anadolu Efes (AEFES) XS2355105292 3.375% 500 Jun 22, 2021 Jun 29, 2028 215
Akbank XS2355183091 6.80% 500 Jun 15, 2021 Jun 22, 2031 529
Treasury XS2351109116 5.125% 2,500 Jun 15, 2021 Jun 22, 2026 MS+427
QNB Finansbank - - 50 Jun 14, 2021 Jun 17, 2024 -
Zorlu Yenilenebilir XS2346915890 9.00% 300 May 26, 2021 Jun 1, 2026 820
Arcelik - 3.00% €350 May 20, 2021 May 27, 2026 ECB+322
LimakPort XS2339789732 9.50% 370 May 11, 2021 May 1, 2036 786
Pegasus (PGSUS) - 9.25% 375 Apr 30, 2021 Apr 30, 2026 839
Ziraat Bank XS2274089288 5.375% 600 Jan 26, 2021 Mar 2, 2026 496
Treasury US900123DB31 4.75% 1,750 Jan 26, 2021 Jan 26, 2026 445
Treasury US900123DC14 5.875% 1,750 Jan 26, 2021 Jun 26, 2031 486
Yapi Kredi Bank XS2286436451 7.875% 500 Jan 15, 2021 Jan 22, 2031 679
TSKB XS2281369301 5.875% 350 Jan 8, 2021 Jan 14, 2026 539
Awaited eurobond auctions by major Turkish issuers
Up to USDbn Sold Type
Sep 8, 2021 Sep 3, 2021
Sekerbank
Guris Holding
Board mandate SPK Approval
0.35 0.4
- eurobond
- eurobond
Aug 10, 2021 Eximbank Board mandate 1 - eurobond
Aug 5, 2021 Ziraat SPK Approval 1.5 - mortgage-backed
Jul 8, 2021 Isbank SPK Approval €0.30 - mortgage-backed
Jul 1, 2021 Garanti (GARAN) SPK Approval €0.40 - mortgage-backed
Upcoming eurobond redemptions by major Turkish issuers
Issuer ISIN Coupon Volume (mn) Issuance Maturity
Arcelik XS1109959467 3.875% €350 Sep 16, 2014 Sep 16, 2021
Eximbank XS1028943089 5.000% $500 Sep 23, 2014 Sep 23, 2021
Isbank XS1390320981 5.375% $750 Oct 6, 2021
Vakifbank XS1508914691 5.500% $500 Oct 27, 2021
Kuveyt Turk XS1505149325 5.136% $500 Nov 1, 2016 Nov 2, 2021
Treasury XS0993155398 4.350% €1,250 Nov 5, 2013 Nov 12, 2021
Global Liman XS1132825099 8.125% $250 RECALLED Nov 14, 2021
Treasury XS1816199373 5.800% $2,000 Feb 13, 2019 Feb 21, 2022
37 TURKEY Country Report October 2021 www.intellinews.com