Turkiye Garanti Bankasi A.S. Receives CMB Approval for International Bond Issuance

Turkiye Garanti Bankasi A.S. (TGBD) announced that it has received approval from the Capital Markets Board (CMB) for the issuance of bonds targeting foreign markets. This initiative is part of their Global Medium Term Notes (GMTN) program, which was initially established on April 19, 2013.

The approved bond issuance is set to cover several currencies, series, and maturities. The specific approval includes an issuance certificate under the GMTN program, with an ISIN of XS2903418254. This bond will have an issue date of September 18, 2024, and a maturity date of March 18, 2025, denominated in USD with a nominal amount of 60 million.

The bank has committed that these disclosures align with the principles outlined in the Board’s Communiqué, ensuring accuracy and completeness. For further information, Garanti BBVA’s Investor Relations can be contacted via phone or email.