REG-Turkiye Garanti Bankasi A.S. Turkiye Garanti Bankasi A.S.: Announcement regarding Syndicated Loan Agreement

Turkiye Garanti Bankasi ASAnnouncement

05/12/2023 06:15

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   Turkiye Garanti Bankasi A.S. (TGBD)
   Turkiye Garanti Bankasi A.S.: Announcement regarding Syndicated Loan
   Agreement

   05-Dec-2023 / 06:13 GMT/BST

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   TO: Investment Community

         FROM : Garanti BBVA / Investor Relations

   SUBJECT: Announcement regarding Syndicated Loan Agreement

    

   DATE: December 5, 2023

    

    

    

   On 04.12.2023 our  Bank has signed  a syndicated loan  agreement with  367
   days maturity  in  the  amount  of US  $  259,500,000  and  €  142,500,000
   comprising of two separate tranches. The loan which will be used for trade
   finance purposes  has  been executed  with  commitments received  from  35
   financial institutions from 19 countries. The all-in cost for USD and  EUR
   tranches  have  been  realized  as  SOFR  +  3.50%  and  Euribor  +  3.25%
   respectively.

    

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

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   ISIN:          US9001487019
   Category Code: MSCL
   TIDM:          TGBD
   LEI Code:      5493002XSS7K7RHN1V37
   Sequence No.:  289595
   EQS News ID:   1789059


    
   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=1789059&site_id=reuters8&application_name=news


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