Public offer of a rent certificate of TL 350 million from Albaraka Türk

The Albaraka Türk Participation Bank completed the IPO of TL 350 million on 15-16-19 November.

According to the description of Albaraka Turk, the first bank of Turkey's Albaraka Turk's participation, he successfully completed his initial public offering under the sukuk. Bereket Varlık Kiralama AŞ, a subsidiary of the bank, issued TL 350 million in a loan certificate transaction on 15-16-19 November.

On November 21, 2018, the public disclosure of Bereket Varlık Kiralama A.Ş. concerning the completion of the lease certificate issued under the public offering method was published in the Public Disclosure Platform (PDP). The statement included the following information: "Our company has received the request of Albaka Türk Participation Bank Inc. from 15-16 to 19 November 2018 as a fund user, on the basis of the management contract, of an amount of 350 million Turkish lira with a par value of 107 days, the distribution processes have been completed and the accounts receivable have been completed.

Malek K. Temsah, deputy general manager responsible for treasury, investment banking and financial institutions at Albaraka Türk Participation Bank, is an important step in the Bank's efforts to increase the diversity of resources underway during the first issue of lease certificates under a tender offer. He said this reflects his efforts to ensure that clients have access to a wide range of competitive financial products that meet their expectations.

Temsah, "said the IPO investors kilometer bear in our journey to provide a fully integrated investment platform, our customers, our securities banks themselves offer storage service account storage facilities came to coincide with the implementation. Our Bank, by the issuance of the economy of Turkey, while supporting domestic continues to bring depth to the capital markets. & # 39; & # 39;