Stabilisation Notice

J.P. Morgan Securities PLC.

30 November 2023

 

30^th November 2023

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

İstanbul Büyükşehir Belediyesi

Post-stabilisation Period Announcement

Further to the pre-stabilisation period announcement dated 29th November 2023, J.P. Morgan Securities PLC, (Marc Lewell - contact [phone]) hereby gives notice that no stabilisation (within the meaning of Article 3.2(d) of the Market Abuse Regulation (EU/596/2014) or the rules of the Financial Conduct Authority) was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities.

Issuer:	İstanbul Büyükşehir Belediyesi
Guarantor (if any):	n/a
Aggregate nominal amount:	USD 715mm
Description:	USD 5yr FXD Senior Unsecured Green Notes Listing: London Stock Exchange
Stabilisation Manager(s):	J.P. Morgan Securities plc (Stabilisation coordinator) BofA Securities (Stabilisation Manager(s)) Emirates NBD Capital (Stabilisation Manager(s)) ING (Stabilisation Manager(s)) Societe Generale (Stabilisation Manager(s))
Offer price:	Reoffer 100%/ 10.5% yield

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction

 

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