Turkiye Garanti Bankasi : Declaration of issuance approval - Borsa İstanbul
July 06, 2021 at 11:54 am EDT
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Declaration of issuance approval - Borsa İstanbul
Declaration of issuance approval - Borsa İstanbul
Authorized Member Decision Date
03.09.2020
Issue Limit
3,000,000,000
Currency Unit
TRY
Issue Limit Security Type
Debt Securities- Covered Bonds
Sale Type
Sale To Qualified Investor
Domestic / Oversea
Domestic
Board of Directors resolved to issue mortgage covered bond for one or more issuances, with different series and maturities, and having fixed and/or floating interest rates to be determined at the issuance times in accordance with market conditions, to the extent that the relevant legislation allows, to be sold without public offering, outside Turkey and up to 5 Billion Turkish Liras to be sold without public offering, inside Turkey or to qualified investors or by private placement and application has been made to the Borsa İstanbul on 30th June , 2021 in line with the decisions with regard to issue mortgage covered bond for one or more issuances, with different series and maturities, and having fixed and/or floating interest rates to be determined at the issuance times in accordance with market conditions, to the extent that the relevant legislation allows, up to 3 Billion Turkish Liras to be sold without public offering, inside Turkey or to qualified investors or by private placement. We have been informed by Borsa İstanbul on 2nd July,2021 as a result of the application made to Borsa İstanbul on 30 June 2021 , regarding the covered bonds to be traded in the stock market after the issuance of the securities that; covered bonds will be quoted after the delivery of the sales results to Borsa İstanbul and it is deemed appropriate to be traded among qualified investors on the Outright Purchases and Sales Market by Borsa Istanbul as of the second business day following the announcement to be made on the Public Disclosure Platform.
*In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
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Turkiye Garanti Bankasi AS published this content on 05 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 July 2021 15:53:09 UTC.
Turkiye Garanti Bankasi AS is a Turkey-based banking institution. It operates under the following business segments: Retail Banking, Corporate/Commercial Banking and Investment Banking. The banking products served to customers are: custody services, time and demand deposits, accumulating deposit accounts, repos, overdraft facilities, spot loans, foreign currency indexed loans, consumer loans, automobile and housing loans, working capital loans, discounted bills, gold loans, foreign currency loans, Eximbank loans, pre-export loans, Export Credit Agency (ECA) covered financing, letters of guarantee, letters of credit, export factoring, acceptance credits, draft facilities, forfeiting, leasing, insurance, forward, futures, salary payments, investment account (ELMA), cheques, safety boxes, bill payments, tax collections and payment orders. The Bank provides service packages to its corporate, commercial and retail customers including deposit, loans, leasing and factoring, among others.
TURKIYE GARANTI BANKASI 
