Clifford Chance advises the Joint Bookrunners on Halkbank’s successful offering of USD 700 million Reg S AT1 Notes

Clifford Chance have advised the joint bookrunners, Citi and ICBC Standard Bank, on Türkiye Halk Bankası (Halkbank)’s USD 700 million Reg S 9.300% Perpetual Fixed Rate Resettable Additional Tier 1 Notes.

This landmark transaction represents a significant step in Halkbank’s capital strengthening strategy, leveraging instruments that qualify as Additional Tier 1 capital under Basel III regulations.