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

Turkiye Garanti Bankasi ASAnnouncement

23/11/2023 10:00

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

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

   23-Nov-2023 / 09:46 GMT/BST

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

   TO: Investment Community

         FROM : Garanti BBVA / Investor Relations

   SUBJECT: Announcement regarding borrowing instruments issuances limit

    

    

   DATE: November 22, 2023

    

    

    

   Reference: Our Bank’s Public Disclosure dated 31/03/2023 and 21/06/2023

    

   It was announced with our Bank’s public disclosure dated 21/06/2023  that,
   on its meeting  held on  March 30, 2023,  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  November  15,  2023  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 70/1551  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

    

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

   Attachment

   File:  3 Announcement regarding borrowing instruments issuances limit

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

   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.:  286953
   EQS News ID:   1780495


    
   End of Announcement EQS News Service

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

    4 fncls.ssp?fn=show_t_gif&application_id=1780495&application_name=news&site_id=reuters8

References

   Visible links
   1. mailto:investorrelations@garantibbva.com.tr
   2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=19979b7bae6aeeb49d76141fbe11774c&application_id=1780495&site_id=reuters8&application_name=news
   3. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=01ce77bf04a82519635a1bfffa1aa5ce&application_id=1780495&site_id=reuters8&application_name=news


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