on Turkiye Garanti Bankasi A.S. (isin : US9001487019)
Turkiye Garanti Bankasi A.S. Secures Syndicated Loan Agreement
Turkiye Garanti Bankasi A.S. (Garanti BBVA) announced the signing of a syndicated loan agreement on June 6, 2024. The agreement involves a 367-day loan amounting to $240,750,000 and €178,600,000, divided into two tranches.
The purpose of this loan is to support trade finance activities. The loan was secured with commitments from 46 financial institutions across 22 countries. The all-in costs are SOFR + 2.50% for the USD tranche and Euribor + 2.25% for the EUR tranche.
Garanti BBVA affirms the accuracy and compliance of this information with regulatory principles, reflecting their records and efforts to obtain complete details. They take responsibility for the declarations made.
R. E.
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