Book your place before 16th September to SAVE £300 enter code DM1

Turkey’s largest capital markets event Platinum Sponsors

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WELCOME TO Bonds, Loans & Sukuk Turkey 2016 REASONS TO ATTEND 1

Network with over 650 senior executives from the Turkish Capital Markets - 95% of the audience are Director Level or above

2

Hear from an elite speaker line-up - Over 70 senior industry leading speakers

3

More business networking available - Build long-term business relationships face-to-face during the 1-2-1 meetings, cocktail reception and networking breaks

4

Access local and international investors - Meet attendees from Middle East, Africa and Europe interested in investing in Turkey

5

Turkey Special Report - This report will provide a timely update on Turkish capital markets including perspectives from Corporate & FI Issuers and Borrowers, Investors and Government

The conference is extremely successful in terms of gathering all the players in the financial sector; public sector, banks, corporates, IFI’s into one place for good networking... 2

Begum Sarigul, GAMA

650

attendees

95%

Director level or above

65%

Corporate & FI Issuers and Borrowers, Investors and Government

70+

speakers

Senior Level Speakers include

Murat Çetinkaya, Governor, Central Bank of Turkey

Osman Çelik, Undersecretary of Treasury, Republic of Turkey

Burcu Geris, Chief Financial Officer, Tav Airports Holding

Ahmet Cimenoglu, Chief Economist, Koç Holding

Richard Segal, Senior Emerging Markets Strategist, Manulife Asset Management

Mustafa Turan, Senior Vice President, Vakifbank

Bulent Beyduz, Chief Financial Officer, Erdemir

Brigitte Posch, Head of Emerging Market Fixed Income, Babson Capital

Tolga Uzuner, Senior Portfolio Manager, Emerging Markets, Apollo Global Management

Mehmet Ali Ersari, Chief Investment Officer, Ak Asset Management

Todd Schubert, Managing Director, Head of Fixed Income Research, Bank of Singapore

Görkem Elverici, Chief Financial Officer, Turkiye Sise ve Cam Fabrikalari 3

The event in numbers Audience breakdown by sector Audience breakdown by seniority

53%

Heads of/ Managing Director

3% 5%

Middle East Banks

2% Other

Government

10+

11%

21%

hours of networking

Law Firms

49%

CEO/CFO/Deputy

Corporate & FI Issuers and Borrowers

11%

20%

Investors

Vice President/ Director

19%

6% Partner

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International Banks

150+

1-to-1 meetings

Companies that attend Bonds, Loans & Sukuk Turkey ABank Abdul Latif Jameel International JLT Acibadem Saglik Hizmetleri (ACIBD) ACT Venture Partners ADNAN PSF LTD AK Asset Management AK Enerji Akfel Gaz San. Ve Tic.A.S. Akfen Holding Aksa Aksa Enerji Aksa Power Generation Alacer Gold Albaraka Turk Participation Bank Allen & Overy Allianz Global Investors Allianz Investments Allianz Sigorta a.s Anadolu Efes Ankara Etlik Arthur Cox Ashmore Asset Management Turkey Ashmore Investment Management Assan Aluminyum Sanayi ve Ticaret A.S. Astaldi Concessioni Ataer Holding Aydine Group Companies Ayen Enerji-Aydiner Sirketler Grubu AZ Global Asset Management Azimut Asset Management Babson Capital Management Baker & McKenzie Balcioglu Selcuk Akman Keki Bank ABC Bank Asya

Barwa Bank Bezen & Partners Bilgiç Avukatlık Ortaklıgı BNP Paribas BNP Paribas Investment Partners BNY Mellon British Chamber of Commerce in Turkey Çakmak-Gökçe Avukatlık Bürosu Calik Holding Capital Markets Board of Turkey CCI - Coca Cola Icecek Çelebi Aviation Holding Cengiz Holding Central Bank of Turkey Chadbourne & Parke Citibank Commerzbank Conseiller Financier Credit Suisse Darby Overseas Investments DeFacto Demir Export Deutsche Bank Dia Holding Dogus Construction and Trading Dogus Holding Eczacibasi Holding Eksim Investment Holding Enerjisa Enerya Gaz Dagıtım A.S Eren Holding Esin Attorney Partnership European Bank for Reconstruction and Development (EBRD) European Investment Bank (EIB) Excel Communications Management

Finans Bank Fitch Ratings Franklin Templeton Investments Gama Guc Sistemleri Muhendislik Ve Tahhhut Gama Industrial Plants Manufactoring and Erection Inc. Garanti Bank Gedik and Eraksoy Ghulam Darwish General Trading Gide Loyrette Nouel Global Family O£ce Goldman Sachs Gulermak Agir Sanayi Ins Ve Taahhut A.S Halk Asset Management Halk Invest and Securities Halkbank Hattat Holding Hayat Kimya Sanayi Hisarlar IC Ibrahim Cecen Investment Holding IDO Istanbul Fast Ferries Inc. Index Group ING Bank Intercity International Finance Corporation (IFC) Intralinks Irish Stock Exchange IS Bankasi IS Investment Istanbul International Rating Services Istanbul Portfolio Management Istanbul Sabiha Gökçen International Airport

JP Morgan Kaptan Group Karadeniz Holding Kastamonu Entegre Koc Holding Kolin Construction Tourism Industry and Trading Co. Koray Yapi Endustrisi ve Ticaret A.S. Kurumsal Yatirimci- Turkish Institutional Investment Managers’Association Latham & Watkins Limak Insaat Limak Investments Linklaters Luxembourg Stock Exchange Macquarie Bank Mashreq Capital Medya Evi Migros Mitsubishi UFJ Financial Group (MUFG) Mitsubishi UFJ Securities International(MUFG) Moody’s Investor’s Service N+1 Daruma National Bank of Abu Dhabi (NBAD) Natixis Natixis Global Asset Management NBAD Noor Bank Norton Rose Fulbright Nurol Holding Nurol Real Estate Investment Trust Odea Bank Ofis Holding Orfin Finansman Oyak Securities Ozaltin Construction

Palmera Capital Palmet Enerji Park Holding Pegasus Airlines Pekin & Pekin Pol Holding Privatisation Administration of Turkey Promontory Financial Group Proparco Qinvest Republic of Turkey Republic of Turkey, Prime Ministry, Privatization Administration Sabanci Holding SACE Sekerbank Sena Group Ses Bilisim ve Haberlesme Sisecam Socar Societe Generale Soyak Holding Spig Sogutma Sistemleri Ticaret Standard & Poor’s Rating Services Standard Chartered Bank Star Rafineri Stfa Construction Group Sukkur Beverages SunExpress TAV Airports Holding TAV Construction Tav Havalimanlari Holding TAV Tepe Akfen Investment Construction and Operation TEB Thy Opet Havacılık Tiryaki Agro Gida Sanayi ve Ticaret Torunlar GayrimenkulYatırım Ort

TSKB Tupras Turcas Petrol Türk Eximbank Turk Telekom Turk Traktor TURKASSET Varlik Yonetim Turkcell Turkish Airlines Turkiye Petrol Rafinerileri TURKrating Tuyap Fairs and Exhibitions Organization Undersecretariat of Treasury, Turkey UniCredit Unlu & Company Vakifbank Wells Fargo White & Case Yapi Kredi Leasing Yapı Kredi Yatırım Yasar Holding YDA Group Yildirim Group Yildirim Holding Yıldız Holding Yildiz Technical University Yüksel Karkın Küçük Avukatlık Ortaklıgı Ziraat Katilim Bankasi Ziraat Yatirim Zorlu Holding

For the full list of participants call Elvan Cosgun on +44 (0)207 045 0935

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Programme Day One: Wednesday 16th November 2016 08:00

Registration, coffee and networking 08:50

Chairman’s opening remarks 09:00

Keynote address: How is the government planning to sustain economic growth and infrastructure development in 2017 and beyond?

• Outlining Turkey’s funding requirements for 2017 and evaluating where these funds will come from • Global volatilities and macro shocks: What is the government doing to protect the economy? • How is the government helping to encourage liquidity in the corporate debt market? 09:20

Managing volatility with sound monetary policy: Turkey’s Central Bank strategy for 2017 • How is the Central Bank planning to manage inflationary pressures while stimulating growth? • FX and TRL: Where does the Central Bank want TRL to stablise? • Interest rates: Outlook for next 12 months Murat Çetinkaya, Governor, Central Bank of Turkey 09:40

Turkey’s capital markets strategy in 2017: Financing the economy, setting benchmarks and developing markets Osman Çelik, Undersecretary of Treasury, Republic of Turkey 10:00

What political and macroeconomic factors are having the biggest impact on Turkey?

• How are international and domestic politics impacting Turkey’s economic performance? • Turkey’s real economy performance and outlook for GDP growth: Reasons for optimism? • Inflation, commodity prices and current accounts: Turkey’s fundamentals laid out and analysed? • Is there more volatility ahead or will 2017 see a return to stability? Ahmet Cimenoglu, Chief Economist, Koç Holding Murat Üçer, Advisor, Global Source for Turkey and Koc University 10:45

Coffee and networking

Best attended event I’ve ever seen on the financial market. The place to be be if you want to play in the Turkish market as a bank. Julia Podjapolskaja, ING Bank N.V 6

11:15

Syndicated loans in Turkey: Are market conditions primed for lenders to seize opportunities?

• Why can Turkish borrowers still not access long tenors? What pricing will borrowers be willing to pay to access longer term financing? • How can the syndicated loan market become a more meaningful source of funding for corporates? • Who are the new international players in the Turkish syndicated loan market and what is driving their willingness to lend? • International vs local: Are the local banks locking out the international banks from the lending market? Hulusi Horozoglu, Assistant General Manager, Managing Director, Head of Wholesale Banking and Investment Banking, Turkey, HSBC Harvey Hoogakker, Managing Director, Head of Risk Distribution and Loan Syndication, Europe, Middle East and Africa, Wells Fargo Zeki Onder, Executive Vice President of Financial Institutions and International Funding, Sekerbank Gurkan Ensari, Executive Director, Capital Markets, Standard Chartered Bank Bulent Beyduz, Chief Financial Officer, Erdemir Francesco Bruno, Head of Loan Origination, Southern Europe & Turkey, Syndications, The Bank Of Tokyo-Mitsubishi UFJ (MUFG) Muhsin Keskin, Partner, Esin Attorney Partnership

View the full agenda online at www.bondsloansturkey.com

Programme Day One: Wednesday 16th November 2016 12:00

14:30

The future of the Turkish banking sector – How will funding and capital requirements be met?

•U  pdate on legislation and Basel III implementation: How does this change how banks are capitalised and how assets and liabilities are managed on balance sheets? •R  egulators’ perspectives on hybrid capital and Tier II funding – what are the next steps for Turkish banks? •D  o Turkish banks still have the same lending capabilities vs 2016? •P  ost covered bonds – What additional options are available to local banks? Elvan Öztabak, Head, Financial Institutions and Investor Relations Department, HalkBank 12:45

Uncovering covered bonds: How the first internationally distributed deal was structured, packaged and sold to the market? •C  ase study: A closer look at the size, pricing and maturity? •W  hat factors were taken into consideration when rating the covered bond? •T  he swap agreement – what was the purpose of this when structuring the deal? •T  apping capital: Who were the investors of this deal and how successful was it in bringing new participants to the Turkish market? •D  o covered bonds represent a new source of funding for Turkish FIs? Who will be next to issue? •C overed bonds vs. securitisation: Advantages and disadvantages of each Mustafa Turan, Senior Vice President, Vakifbank Brian Hoey, MENA Corporate Trust Sales and Relationship Management, BNY Mellon 13:30

Networking lunch sponsored by

Project finance and capital markets: How can Turkish projects secure long term sponsorship from investors?

•  What role can credit enhancement play in helping Turkish infrastructure projects secure long term sponsorship from investors? • Encouraging long term finance – What role do ECAs and IFIs need to play to make this a reality? • International vs local banking – is this finally set to shift or will local banks continue to dominate project finance in Turkey? •  Interest rates, FX and commodity price volatility: How this affects profitability of projects and how to hedge against volatility? İlker Sırtkaya, Manager, Project and Structured Finance, Odea Bank Kerim Kemahli, Chief Financial Officer, Nurol Holding Senior Executive, Fitch Ratings Yeşim Bezen, Partner, Bezen & Partners 15:15

Hydro, wind and solar: How will Turkey’s renewable pipeline be financed?

•  What role is the Turkish government currently playing in order to unlock Turkey’s clean energy potential? • How much backing and financial support do these projects require from the government in order to meet the country’s renewable energy targets? • Driving green energy generation: What progress can be expected in the next 12 months? •  What changes are being made to regulatory framework to encourage private investment into this sector? Cahit Büyükbaş, Manager, Project and Structured Finance, Odea Bank Güniz Gökçe, Partner, Çakmak-Gökçe Avukatlık Burosu

View the full agenda online at www.bondsloansturkey.com

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Programme Day One: Wednesday 16th November 2016 16:45

Development of the Islamic Financial Markets: What do issuers need to know before issuing sukuk locally and internationally?

•A  n overview of who sukuk investors are: Institutional vs. Retail; Asia vs. Middle East vs. Rest of the World. •U  nderstanding the relevance of credit ratings when looking to issue sukuk? How can non-investment grade rated issuers implement credit enhancing alternatives to improve the overall rating of their sukuk issues? •H  ow is a decrease in liquidity in the GCC impacting the Turkish sukuk market? •A  dvantages regarding tax when issuing sukuk – what are they? Ahsan Ali, Head of Islamic Origination, Standard Chartered Bank Senior Executive, Bank ABC Timucin Engin, Country Head, Turkey, S&P Global Ratings Andy Cairns, Managing Director, Global Head of Debt Origination and Distribution, National Bank of Abu Dhabi (NBAD) 17:30

Chairman’s closing remarks followed by evening reception

16:00

Issuing Turkey’s first-of-a-kind green bond – how was the deal structured and sold to the market? •  What was the main criteria for issuing a green bond? • Who were the buyers of this green bond? • How do the proceeds need to be used? How does the issuer report on this? Justine Leigh-Bell, Director of Market Development, Climate Bonds Initiative Rajan Bagri, Executive Director, Capital Markets FIG, Standard Chartered Bank Meral Özçiçek, Financial Institutions Department Head, Türkiye Sınai Kalkınma Bankası

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View the full agenda online at www.bondsloansturkey.com

Programme Day Two: Thursday 17th November 2016 08:30

10:25

Registration and networking

Encouraging deal flow and trading: Further developing the local bond market

08:50

Chairman’s opening remark 9:00

Responding to a change in market environment: How are companies adjusting their capital structures and funding strategies

• What are Finance and Treasury team’s views on growth prospects and capex plans for 2016? • Managing  balance sheets: Are companies planning to raise new capital for new projects or is the focus on refinancing and replacing their existing debt? • Considering  liability management exercises: Are their opportunities to bring down costs of funding in bond and/or loan markets? • I s there any appeal to consider equity markets for raising capital? •M  anaging FX, rates and commodity risk: What hedging solutions are being put in place Burcu Geris, Chief Financial Officer, Tav Airports Holding Murat Kırkgöz, Chief Financial Officer, Turk Telekom Görkem Elverici, Chief Financial Officer, Turkiye Sise ve Cam Fabrikalari 09:40

Cutting through the politics and economics, and looking at the fundamentals – what are international investors’ views of Turkey?

•H  ow does Turkey compare to other Emerging Markets for international investors and where do they see the real value in the Turkish fixed income market? •U  nderstanding expectations: What do international investors look for when considering to invest into Turkish debt? •W  hat impact is the Fed’s imminent rate increase having on investor attitude towards Turkey and Emerging Markets generally? •W  hat are investor expectations of Investor Relations activities during tougher times? Todd Schubert, Managing Director, Head of Fixed Income Research, Bank of Singapore Brigitte Posch, Head of Emerging Market Fixed Income, Babson Capital Tolga Uzuner, Senior Portfolio Manager, Emerging Markets, Apollo Global Management Markus Bayer, Head of CEE Debt Capital Markets, Mitsubishi UFJ Financial Group (MUFG) Richard Segal, Senior Emerging Markets Strategist, Manulife Asset Management

•  How has the first corporate TRL bond default impacted the development of the local capital markets? What new legislation has the Capital Markets Board put in place as a result of the default? •  Credit risk vs yield: What are investors perspective of non-bank FI and corporate credit in the local market since the default? • Who are the key players helping to develop the local capital markets? How are banks helping to encourage institutions to access the local capital markets? •  Accessing a new pool of liquidity: Will new regulations for pension funds draw them to the local bond markets? Mehmet Ali Ersari, Chief Investment Officer, Ak Asset Management Jean-Patrick Marquet, Director, Turkey, European Bank for Reconstruction and Development (EBRD) 11:10

Coffee and networking 11:30

Closing a debut deal in volatile times: Case studies of how deals have been successfully closed in 2015-16 In an environment of reduced liquidity, low commodity prices and looming interest rate rises, the challenges and hurdles that debut issuers must overcome to successfully price and place deals are greater. The Debut Roadshow will feature case studies of first-time borrowers and their advisers highlighting the reasons for raising capital, the thought-process of why a certain market was selected, and deal highlights of how the deal was successfully closed. Each joint-presentation will be 10 minutes in length, followed by a 3-minute quickfire Q&A by a judging panel 11:30

Can project bonds (and project sukuk) play a role in financing Turkey’s burgeoning infrastructure sector? •  What is the process of issuing a project bond from start to finish? •  How does the tenor, pricing and structure of project bonds compare to the loans market? • What do issuers need to know before considering a project bond? Derin Altan, Partner, Çakmak-Gökçe Avukatlık Bürosu 11:50

Restructuring debt: What are the options for companies in financial distress with looming repayments and no-refinancing options? •  Restructuring vs. Refinancing: When does a refinancing become a restructuring? When is the time to act? • Expectations of lenders and bond investors: What issuers and borrowers need to know and be aware of • How will making bankruptcy law straight-forward and transparent be important to the development of the local capital markets? Simon Porter, Partner, Baker & McKenzie 13:15

Chairman’s closing remarks and close of conference followed by networking lunch

View the full agenda online at www.bondsloansturkey.com

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Gain exposure amongst Turkey’s finance professionals Stand out from the crowd by becoming a sponsor. Benefits of your participation include: Save yourself time and money - get the attendee list 2 weeks before the event so you can pre-arrange meetings. Showcase your expertise in the region – by presenting a case study to a room full of potential clients. Increase awareness – by taking an exhibition space and demonstrating your products and services. Win more business – packages include a number of staff passes so you can cover more clients. Increase your brands presence – through the numerous branding opportunities available

Another great Bonds, Loans & Sukuk Turkey conference. The winning formula very much remains in place in terms of interesting and thought-provoking panels in addition, of course, to the tremendous networking opportunities! Mark Waters, Wells Fargo

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Arrange 30+ meetings Meet 65% Corporate & FI Issuers and Borrowers, Investors and Government Speak in front of 650 stakeholders Network with 150 CEO/Director’s

Exhibition Opportunities

PlatinumSponsors

The 1-to-1 meeting service has given us the opportunity to catch up with clients and prospects face to face and it has given us very concrete follow ups for after the conference. This adds a lot of value for us.

Gold Sponsors

Aymeric Arnaud, Société Generale CIB

Lunch Sponsor

Networking Sponsor

Silver Sponsors

Bronze Sponsors

FIND OUT HOW YOU CAN GET INVOLVED call Elvan Cosgun today on: +44(0)20 7045 0935 or email at: [email protected]

Multiple staff passes 1-to-1 meeting space

Branded business lounges

Bronze Sponsors

Strategic Partner

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Number of Passes

Book before 16th September

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£1597

2 Day Conference Pass (16th & 17th October)

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call Marcia Ardila today on: +44(0)20 7045 0919 or email at: [email protected]

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