on Turkiye Garanti Bankasi A.S. (isin : US9001487019)
Turkiye Garanti Bankasi A.S. Receives CMB Approval for Foreign Market Bond Issuance
On September 24, 2024, Turkiye Garanti Bankasi A.S. (Garanti BBVA) received approval from the Capital Markets Board (CMB) for a bond issuance aimed at foreign markets. The bonds are part of the bank's Global Medium Term Notes (GMTN) program, which was initially announced on April 19, 2013.
The issuance details specify a nominal amount of EUR 43,000,000. The bonds, categorized under the ISIN XS2907980861, have an issue date of September 24, 2024, and will mature on March 24, 2025.
This bond issuance aligns with Garanti BBVA's strategy to diversify its borrowing instruments across different currencies and maturities. The bank has ensured compliance with all relevant regulations and disclosures as part of this transaction.
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