REG - Turkiye Garanti Bank - Book Building of Bank Bonds Issuance

Turkiye Garanti Bankasi ASAnnouncement

30/05/2018 11:10

RNS Number : 6906P
Turkiye Garanti Bankasi
30 May 2018
 


TO: Investment Community
FROM : Garanti Bank / Investor Relations
SUBJECT: Book Building of Bank Bonds Issuance to Qualified Investors
DATE: May 30, 2018
 




 
It has been announced that pursuant to the resolution of The Board of Directors dated November 02, 2017 for a 1-year period, to issue all kinds of debt instruments including fixed or floating rate bonds, debentures to be sold domestically by public offering,  but not limited to fixed or floating rate bonds, debentures and/or credit linked notes and other structured debt instruments to be sold to qualified investors; up to the aggregate amount of TRY 20,000,000,000.- (Twenty Billion Turkish Lira) in Turkish Lira currency with different types and maturity dates, in one or more issuances, was approved by the Capital Markets Board on February 15, 2018.
 
In this context; our Bank has commenced the operations for the issuance of bank bonds with a maturity of 55 days and bank bonds with a maturity of 96 days to be sold to qualified investors. It is planned that the book building of bank bonds will take place on May 31, 2018 and the transfer of the bonds to client accounts will be executed on June 1, 2018.
 




Board Decision Date


02.11.2017









Related Issue Limit Info








Currency Unit


TRY




Limit


20,000,000,000




Issue Limit Security Type


Debt Securities




Sale Type


Public Offering-Sale To Qualified Investor




Domestic / Oversea


Domestic









 
 




Capital Market Instrument To Be Issued Info








Type


Bill








Maturity Date


05.09.2018








Maturity (Day)


96








Interest Rate Type


Discounted








Sale Type


Sale To Qualified Investor








ISIN Code


TRFGRAN91843








Starting Date of Sale


31.05.2018








Ending Date of Sale


31.05.2018








Maturity Starting Date


01.06.2018








Coupon Number


0








Redemption Date


05.09.2018








Payment Date


05.09.2018













 
 
In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
 
We declare that our above statements are in conformity with the principles included in the Board's Communiqué, Serial II Nr.15.1, that it exactly reflects the information we received; that the information complies with our records, books and documents; that we did our best to obtain the correct and complete information relative to this subject and that we are responsible for the declarations made in this regard.
 
Yours sincerely,
 
Garanti Bank
Contact Garanti Bank Investor Relations:
Tel: +90 212 318 2352
Fax: +90 212 216 5902
E-mail: investorrelations@garanti.com.tr
www.garantiinvestorrelations.com
 




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