on Turkiye Garanti Bankasi A.S. (isin : US9001487019)
Turkiye Garanti Bankasi A.S.: Debt Instrument Issuance Application
Turkiye Garanti Bankasi A.S. has announced the application for issuing debt instruments worth 10 billion Turkish Liras (TRY). These subordinated debt securities are intended for sale to qualified investors within the domestic market.
The Board of Directors authorized this application on September 5, 2024. The instruments will meet Tier 2 Capital inclusion criteria and will be offered with varied types and maturity dates. The application was submitted to the Capital Markets Board on September 25, 2024.
This move aligns with the bank's strategic financial planning, aiming to boost its capital base while catering to investor demand. The issuance aims to fortify its financial standing in a competitive market.
Garanti BBVA has assured that the disclosed information adheres to regulatory standards and accurately reflects their financial records.
R. P.
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