Source - RNS
RNS Number : 2471I
Turkiye Garanti Bankasi
15 June 2017
 

TO: Investment Community

FROM : Garanti Bank / Investor Relations

SUBJECT: Book Building of Bank Bonds and Discounted Bonds Issuance to Qualified Investors

DATE: June 15, 2017

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 TL 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 102 days  and discounted bonds with a maturity of 368 days to be sold to qualified investors. It is planned that the book building of bank bonds and discounted bonds will take place on June.16, 2017 and  the transfer of the bonds to client accounts will be executed on June.19, 2017.

 

Board Decision Date

30.11.2016

Currency Unit

TRY

Issue Limit

20.000.000.000

Issue Limit Security Type

Debt Securities

Sale Type

Public Offering-Sale To Qualified Investor

Domestic / Overseas

Domestic

Type

Bond

Maturity Date

22.06.2018

Maturity (Day)

368

Interest Rate Type

Discounted

Sale Type

Sale To Qualified Investor

ISIN Code

TRSGRAN61815

Starting Date of Sale

16.06.2017

Ending Date of Sale

16.06.2017

Maturity Starting Date

19.06.2017

Coupon Number

0

Redemption Date

22.06.2018

Payment Date

22.06.2018

Was The Payment Made?                                      No

 

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: [email protected]
www.garantiinvestorrelations.com

 


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