BTK Leasing to Issue New Bond: BTK Leasing 2026-2

BTK Leasing is set to issue a new bond, designated BTK Leasing 2026-2, through a public offering to retail investors.

Authorization and Total Amount

The company’s Board of Directors has been granted authorization by the last Ordinary General Meeting of Shareholders, held on April 6, 2026, to issue a total of 200 million TND in bonds. This authorization remains valid until the end of 2027.

The current issuance is part of this broader mandate and amounts to 50 million TND.

Bond Categories

Two categories of bonds are being offered to investors, each with a nominal value of 100 TND:

• Category A:

  • Maturity: 5 years
  • Interest Rate: Fixed gross rate of 8.65% per annum
  • Amortization: Bullet repayment (in fine)
  • Target Amount: 30 million TND

• Category B:

  • Maturity: 5 years
  • Interest Rate: Fixed gross rate of 8.40% per annum
  • Amortization: Constant amortization
  • Target Amount: 20 million TND

Subscription Period

Subscriptions for this bond will open on October 22, 2026, and will close no later than November 30, 2026.

Rating and Conditions

The opening of subscriptions is contingent upon the publication of the final rating by Fitch Ratings on its website. On September 9, 2026, Fitch Ratings assigned a provisional long-term rating of “BB (EXP)(tun)” to the bond.

Purpose and Investment Opportunity

BTK Leasing aims to use the proceeds to finance its business activities, which have shown a consistent upward trend in recent years.

This issuance presents a compelling opportunity for risk-averse investors. The bond is issued by a reputable financial institution backed by BTK Bank, ensuring a reliable credit profile.