REG-Turkiye Garanti Bankasi A.S. Turkiye Garanti Bankasi A.S.: Early Redemption of Subordinated Debt Securities to Qualified Investors

Turkiye Garanti Bankasi ASAnnouncement

10/10/2024 15:30

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Turkiye Garanti Bankasi A.S. (TGBD)
Turkiye Garanti Bankasi A.S.: Early Redemption of Subordinated Debt Securities to Qualified Investors

10-Oct-2024 / 15:16 GMT/BST

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TO: Investment Community

      FROM : Garanti BBVA / Investor Relations

SUBJECT: Early Redemption of  Subordinated Debt Securities to Qualified Investors

DATE: October 9, 2024

 

The redemption of the subordinated Debt Securities that meet the criteria for the inclusion in Tier 2  Capital
in the nominal value of TRY 252,880,000 with a maturity of 3651 days with 3 months coupon payments indexed  to
BIST TLREF index  ; to be  sold to qualified  investors has been  realized with the  payment of principal  and
coupon for 2 days as of (09.10.2019).The coupon rate determined  as %0,2807 for 2 days and the dirty price  is
determined as 100,2807.

Board Decision Date 30.07.2019

 
Related Issue Limit Info
Currency Unit             TRY                          TRY
Limit                     7,000,000,000                20.000.000.000
Issue Limit Security Type Subordinated Debt Securities Dept Securities
Sale Type                 Sale To Qualified Investors  Public Offering-Sale To Qualified Investor
Domestic / Oversea        Domestic                     Domestic

 
Capital Market Instrument To Be Issued Info
Type                                            Bond
Maturity Date                                   07.10.2029
Maturity (Day)                                  3651
Interest Rate Type                              FRN
Sale Type                                       Sale To Qualified Investors
ISIN Code                                       TRSGRANE2915
Starting Date of Sale                           03.10.2019
Ending Date of Sale                             08.10.2019
Maturity Starting Date                          09.10.2019
Nominal Value of Capital Market Instrument Sold 252,880,000
Coupon Number                                   21
Redemption Date                                 08.10.2024
Payment Date                                    09.10.2024

 
Was The Payment Made?                                                Yes            No

 

Redemption Plan of Capital Market Instrument Sold
                                                             Interest Interest
                    Payment     Record    Payment   Interest  Rate -   Rate -                 Exchange Was The
  Coupon Number       Date       Date       Date    Rate (%)  Yearly   Yearly  Payment Amount   Rate   Payment
                                                              Simple  Compound                          Made?
                                                               (%)      (%)
        1          07.01.2020 06.01.2020 07.01.2020 3,7162   15,0714   15,94   9,397,526.56             Yes 
        2          07.04.2020 06.04.2020 07.04.2020  3,0351  12,1737   12,74   7.675.160,88             Yes 
        3          07.07.2020 06.07.2020 07.07.2020  2,4533   9,84     10,21   6.203.905,04             Yes 
        4          07.10.2020 06.10.2020 07.10.2020 2.8171    11,1766  11,60   7.123.882,48             Yes 
        5          07.01.2021 06.01.2021 07.01.2021 4,1584    16,4981  17,42   10,515,761.92            Yes 
        6          07.04.2021 06.04.2021 07.04.2021 4,7231    19,1548  20,58   1,943,775,28             Yes 
        7          07.07.2021 06.07.2021 07.07.2021 5,1822   20,7856   22,46   13,104,747,36            Yes 
        8          07.10.2021 06.10.2021 07.10.2021  5,1929  20,6023   22,05   13,131,805.52            Yes 
        9          07.01.2022 06.01.2022 07.01.2022 4,4217    17,5425  18,59   11,181,594.96            Yes 
        10         07.04.2022 06.04.2022 07.04.2022 3,8754    15,7167  16,67    9,800,111.52            Yes 
        11         07.07.2022 06.07.2022 07.07.2022  3,9138  15,6982   16,65    9,897,217.43            Yes 
        12         07.10.2022 06.10.2022 07.10.2022  3,7918  15,0437   15,81   9,588,703.84             Yes 
        13         07.01.2023 06.01.2023 09.01.2023 2,9906    11,8648  12,34   7,562,629.28             Yes 
        14         07.04.2023 06.04.2023 07.04.2023 2,5912    10,5088  10,93   6,552,626.56              Yes
        15         07.07.2023 06.07.2023 07.07.2023 3,0591   12,2702    12,85  7,735,852.08             Yes 
        16         07.10.2023 06.10.2023 09.10.2023 5,9504   25,6076   25,51   15,047,371.52             Yes
        17         07.01.2024 05.01.2024 08.01.2024 10,0657   39,9347  46,32   25,454,142.16            Yes 
        18         07.04.2024 05.04.2024 08.04.2024 12,5565  50,3639   60,70   31,752,877.20            Yes 
        19         07.07.2024 05.07.2024 08.07.2024 13,9057  55,7756   68,56   35,164,734.16             Yes
        20         07.10.2024 04.10.2024 07.10.2024 13,7949  54,7298   67,02   34,884,543.12            Yes 
        21         09.10.2024 08.10.2024 09.10.2024 0,2807   51,2237   66,78    709,834.16              Yes 
Principal/Maturity
   Date Payment    09.10.2024 08.10.2024 09.10.2024                             252,880,000              Yes
      Amount

 

*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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   ISIN:          US9001487019
   Category Code: MSCL
   TIDM:          TGBD
   LEI Code:      5493002XSS7K7RHN1V37
   Sequence No.:  352240
   EQS News ID:   2006349


    
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