Alternatif Bank has further strengthened its presence in global capital markets through a milestone transaction. The Bank has successfully completed the issuance of a USD 200 million AT1 eurobond, qualifying as Additional Tier 1 capital.

Having operated in Türkiye for 34 years with a strong commitment, Alternatif Bank has successfully completed an AT1 (Additional Tier 1) eurobond issuance, marking a significant milestone in global capital markets. The USD 200 million issuance strengthened the Bank’s capital structure and attracted strong demand from international investors. The transaction once again demonstrated Alternatif Bank’s solid positioning in international markets and the high level of investor confidence in the Bank.

The orderbook exceeding USD 1.2 billion during the issuance process exceeded six times the transaction size, indicating strong investor confidence. The transaction also demonstrated a geographically diverse profile, with the investor base comprising 59% from the UK and Ireland, 25% from the Middle East, 12% from Continental Europe, and 4% from Asia and offshore U.S.-based investors. This broad and well-balanced distribution once again underscored Alternatif Bank’s increasing visibility and credibility among institutional investors across different regions.

The issuance, regarded as a reflection of the recently increasing international investor interest in the Turkish banking sector, represented an important step in supporting Alternatif Bank’s long-term growth strategy and strong balance sheet.

“The strong interest shown in our issuance clearly demonstrates the confidence in Turkish banking sector.”

Levent Güven, Executive Vice President in charge of Treasury and Financial Institutions at Alternatif Bank, commented on the issuance as follows: “The strong and diversified investor demand for our AT1 eurobond issuance is a clear indication of the confidence placed in both our Bank and the Turkish banking sector. Through this transaction, we aim to further strengthen our capital structure while enhancing our presence in international markets. Going forward, we will continue to take determined steps to support our sustainable growth.”

Alternatif Bank aims to continue strengthening its presence in international financial markets and further increasing the support it provides to the real sector in the period ahead.