sur Turkiye Garanti Bankasi A.S. (isin : US9001487019)
Turkiye Garanti Bankasi A.S. Submits Debt Instrument Issuance Application
Turkiye Garanti Bankasi A.S. has officially submitted an application for the issuance of debt instruments. Dated September 25, 2024, the move was authorized by the Bank's Board of Directors on September 5, 2024.
The approved issuance limit stands at TRY 50 billion. These structured debt securities are intended for domestic issuance. The types of securities include fixed or floating-rate bonds and debentures. The sale will occur through public offering, private placement, or direct sale to qualified investors.
The application is currently under review by both the Banking Regulation and Supervision Agency and the Capital Markets Board. This marks a significant financial move aimed at raising funds through various debt instruments with variable maturity dates.
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