on Turkiye Garanti Bankasi A.S. (isin : US9001487019)
Turkiye Garanti Bankasi A.S.: Debt Issuance Prospectus Summary
Turkiye Garanti Bankasi A.S. (Garanti BBVA) has released a prospectus summary for its forthcoming debt issuance, following the approval by the Capital Markets Board. The board granted permission on February 26, 2025, for the issuance of structured debt securities with a total limit of TRY 50 billion.
The authorized decision date was September 5, 2024, with the official application submitted shortly after on September 13, 2024. These debt instruments, including both fixed and floating rate bonds and debentures, are targeted for domestic distribution through public offerings, private placements, and sales to qualified investors.
Garanti BBVA aims to complete these issuances within a year and has assured stakeholders that the Turkish version of the disclosure will prevail in case of discrepancies with the English version.
R. H.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Turkiye Garanti Bankasi A.S. news