REG-Turkiye Garanti Bankasi A.S. Turkiye Garanti Bankasi A.S.: Announcement regarding borrowing instruments issuances limit

Turkiye Garanti Bankasi ASAnnouncement

18/08/2022 15:30

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   Turkiye Garanti Bankasi A.S. (TGBD)
   Turkiye Garanti Bankasi A.S.: Announcement regarding borrowing instruments
   issuances limit

   18-Aug-2022 / 15:17 GMT/BST
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   TO: Investment Community

         FROM : Garanti BBVA / Investor Relations

   SUBJECT: Announcement regarding borrowing instruments issuances limit

    

   DATE: August 17, 2022

    

    

    

   Reference: Our Bank’s Public Disclosure dated 06/04/2022

    

   It was announced with our Bank’s public disclosure dated 06/04/2022  that,
   on its meeting  held on  March 31, 2021,  Board of  Directors resolved  to
   issue mortgage  covered bond  for one  or more  issuances, with  different
   series and maturities, and having fixed and/or floating interest rates  to
   be determined at the issuance times in accordance with market  conditions,
   to the extent that the relevant legislation allows, up to EUR 750  million
   in total or equivalent in any other currency including Turkish Lira, to be
   sold without public offering outside Turkey. Application has been made  to
   the Capital Markets Board on June 01, 2022 in line with the aforementioned
   resolution with regard  to issue  mortgage covered  bond for  one or  more
   issuances, with different series and  maturities, and having fixed  and/or
   floating interest  rates  to  be  determined  at  the  issuance  times  in
   accordance with  market  conditions,  to  the  extent  that  the  relevant
   legislation allows, up to  EUR 300 million in  total or equivalent in  any
   other currency including Turkish Lira  to be sold without public  offering
   outside Turkey. It  was announced in  the weekly bulletin  of the  Capital
   Markets  Board   ("CMB")  numbered   2022/40  that   the   above-mentioned
   application has been approved by the CMB.

    

    

    

   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

    

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   Attachment

   File:  3 Announcement regarding borrowing instruments issuances limit

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   ISIN:          US9001487019
   Category Code: MSCL
   TIDM:          TGBD
   LEI Code:      5493002XSS7K7RHN1V37
   Sequence No.:  182298
   EQS News ID:   1423557


    
   End of Announcement EQS News Service

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References

   Visible links
   1. mailto:investorrelations@garantibbva.com.tr
   2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=19979b7bae6aeeb49d76141fbe11774c&application_id=1423557&site_id=reuters9&application_name=news
   3. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=dd04f3e1fd165bfbd316cbab864f4162&application_id=1423557&site_id=reuters9&application_name=news


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