Source - RNS
RNS Number : 6885M
Merrill Lynch Intl (DTG) Syndicate
17 October 2016

17th October 2016


Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.


Turkiye Is Bankasi A.Ş.

Pre-stabilisation Period Announcement


Merrill Lynch International (contact: Joe Smith-Morgan; telephone: 0044 207 995 3966) hereby gives notice, as Stabilisation Coordinator, that the Stabilisation Manager(s) named below may stabilise the offer of the following securities in accordance with Commission Delegated Regulation EU/960/2016 under the Market Abuse Regulation (EU/596/2014).


The securities:



Turkiye Is Bankasi

Guarantor (if any):


Aggregate nominal amount:

USD benchmark


USD 5.5yr Senior, Unsecured, Unsubordinated, RegS/144A

Offer price:

IPTs: 5.625%

Other offer terms:




Stabilisation Manager(s):

Merrill Lynch International
Commerzbank Aktiengesellschaft

MUFG Securities EMEA

National Bank of Abu Dhabi P.J.S.C.

Standard Chartered Bank

Stabilisation period expected to start on:

17th October 2016

Stabilisation period expected to end no later than:

16th November 2016 (30 days after the proposed issue date of the securities)

Existence, maximum size and conditions of use of over
allotment facility:

The Stabilisation Manager(s) may over
allot the securities to the extent permitted in accordance with applicable law.

Stabilisation trading venue:

Over the counter (OTC)



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