Fri, 10th Mar 2017 07:00
TO: Investment Community
FROM : Garanti Bank / Investor Relations
SUBJECT: Announcement regarding issuing debt securities at abroad in the amount of USD 500 Million
DATE: March 10, 2017
Our Bank has mandated BBVA, Citigroup, Goldman Sachs, J.P. Morgan, MUFG and SMBC Nikko for an issuance of U.S. dollar-denominated Eurobond to be sold to real persons and legal entities resident abroad. The fixed rate notes with nominal amount of USD 500 million, 6 year maturity, redemption date of 16 March 2023 and semi-annual coupon payments, have the yield and the coupon rate of 5.875%.
Application for the CMB issuance certificate has been made regarding the issuance of debt instrument at abroad in the amount of USD 500 million.
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.
Contact Garanti Bank Investor Relations:
Tel: +90 212 318 2352
Fax: +90 212 216 5902