BRIEF

on Turkiye Garanti Bankasi A.S. (isin : US9001487019)

Turkiye Garanti Bankasi A.S. Issues Structured Bonds to Qualified Investors

Turkiye Garanti Bankasi A.S. has issued structured bonds worth TRY 49,735,000 to qualified investors. The bonds have a 62-day maturity and were issued on September 3, 2024.

The decision was approved on November 3, 2022. The bond issuance limit in Turkish Lira stands at an impressive 50,000,000,000.

The bonds, identified under ISIN code TR0GRAN01I60, were available for sale between August 29 and September 2, 2024. They offer a floating rate note (FRN) type of interest rate.

The bond matures on November 4, 2024, with a single coupon payment scheduled for the same day. No payment has been realized yet.

Garanti BBVA affirms compliance with the principles included in the Board’s Communiqué, ensuring the information provided is accurate and complete.

R. E.

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