REG-Turkiye Garanti Bankasi A.S. Turkiye Garanti Bankasi A.S.: Annoucement about Tender Offer

Turkiye Garanti Bankasi ASAnnouncement

29/11/2024 18:30

============

   Turkiye Garanti Bankasi A.S. (TGBD)
   Turkiye Garanti Bankasi A.S.: Annoucement about Tender Offer

   29-Nov-2024 / 18:25 GMT/BST

   ══════════════════════════════════════════════════════════════════════════

   TO: Investment Community

         FROM : Garanti BBVA / Investor Relations

   SUBJECT: Annoucement about Tender Offer

   DATE: November 29, 2024

    

   Ref: Our public disclosure dated 21.11.2024

    

   On November 21, T. Garanti Bankası A.Ş. announced a cash Tender Offer  for
   the Tier 2 bonds with the ISIN code XS1617531063 and US900148AE73, with  a
   nominal value  of USD  750,000,000  due date  2027. Banco  Bilbao  Vizcaya
   Argentaria, S.A., Standard  Chartered Bank  have been  authorized for  the
   Redemption Offer.                  

    

   Tender offer Results:

    

   Start date:     21 November 2024

   Expiry Date:     27 November 2024 -17:00 New York time

   Announcement Date:    29 November 2024

   Payment date:     December 3, 2024

   Tender Offer price:    101.4

   Aggregate Principal  Amount of  Notes accepted  for purchase:  134,248,000
   Dollars

    

   The Notes in  which the  Offer was repurchased  will be  canceled and  the
   remaining principal amount of the Notes outstanding will be $615,752,000.

    

   *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 BBVA

   Contact Garanti BBVA Investor Relations:

   Tel: +90 212 318 2352

         Fax: +90 212 216 5902

         E-mail:  1 investorrelations@garantibbva.com.tr

          2 www.garantibbvainvestorrelations.com

    

   ══════════════════════════════════════════════════════════════════════════

   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

   ══════════════════════════════════════════════════════════════════════════

   ISIN:          US9001487019
   Category Code: MSCL
   TIDM:          TGBD
   LEI Code:      5493002XSS7K7RHN1V37
   Sequence No.:  362333
   EQS News ID:   2041615


    
   End of Announcement EQS News Service

   ══════════════════════════════════════════════════════════════════════════

    3 fncls.ssp?fn=show_t_gif&application_id=2041615&application_name=news&site_id=reuters~~~6aa99418-46f7-48b9-89fd-959a8d2e4912

References

   Visible links
   1. mailto:investorrelations@garantibbva.com.tr
   2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=19979b7bae6aeeb49d76141fbe11774c&application_id=2041615&site_id=reuters~~~6aa99418-46f7-48b9-89fd-959a8d2e4912&application_name=news


============