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Book Building of Bank Bonds Issuance

Thu, 4th Jan 2018 15:21

RNS Number : 0185B
Turkiye Garanti Bankasi
04 January 2018

TO: Investment Community

FROM : Garanti Bank / Investor Relations

SUBJECT: Book Building of Bank Bonds Issuance to Qualified Investors

DATE: January 04, 2018

It has been announced that pursuant to the authority given to the Head Office by the resolution of The Board of Directors dated November 30 , 2016 for a 1-year period, our application to issue all kinds of debt instruments including but not limited to fixed or floating rate bonds, debentures and/or credit risk-based and other structured debt instruments up to the aggregate amount of TRY 20,000,000,000.- (Twenty Billion Turkish Lira) in Turkish Lira currency with different types and maturity dates, to be sold domestically by public offering or to qualified investors in one or more issuances, was approved by the Capital Markets Board on March 10, 2017.

In this context; our Bank has commenced the operations for the issuance of bank bonds with a maturity of 65 days and bank bonds with a maturity of 135 days to be sold to qualified investors. It is planned that the book building of bank bonds will take place on January 5, 2018 and the transfer of the bonds to client accounts will be executed on January 8, 2018.

Board Decision Date

30.11.2016

Related Issue Limit Info

Currency Unit

TRY

Limit

20,000,000,000

Issue Limit Security Type

Debt Securities

Sale Type

Public Offering-Sale To Qualified Investor

Domestic / Oversea

Domestic

65 DAYS

Capital Market Instrument To Be Issued Info

Type

Bill

Maturity Date

14.03.2018

Maturity (Day)

65

Interest Rate Type

Discounted

Sale Type

Sale To Qualified Investor

ISIN Code

TRFGRAN31831

Starting Date of Sale

05.01.2018

Ending Date of Sale

05.01.2018

Maturity Starting Date

08.01.2018

Coupon Number

0

Redemption Date

14.03.2018

Payment Date

14.03.2018

In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.

We declare that our above statements are in conformity with the principles included in the Board's Communiqué, Serial II Nr.15.1, that it exactly reflects the information we received; that the information complies with our records, books and documents; that we did our best to obtain the correct and complete information relative to this subject and that we are responsible for the declarations made in this regard.

Yours sincerely,

Garanti Bank

Contact Garanti Bank Investor Relations:

Tel: +90 212 318 2352
Fax: +90 212 216 5902
E-mail: investorrelations@garanti.com.tr
www.garantiinvestorrelations.com

This information is provided by RNS
The company news service from the London Stock Exchange
END
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