sur Turkiye Garanti Bankasi A.S. (isin : US9001487019)
Turkiye Garanti Bankasi A.S. Approved for Significant Debt Issuance
Turkiye Garanti Bankasi A.S. has received approval from the Capital Markets Board for a substantial issuance of debt securities. The bank's application, based on a Board of Directors' resolution from September 2024, resulted in a registered amount of TRY 50 billion. This significant figure underscores Garanti BBVA's strategic financial operations.
The approved securities include structured debt instruments intended for various types of sales, including public offerings, private placements, and sales to qualified investors, emphasizing the bank's versatile approach to fundraising. The entire operation remains domestic, focusing on leveraging opportunities within the Turkish financial market.
The announcement was officially recorded in the Capital Markets Board's weekly bulletin and confirms the adherence to the regulatory framework as disclosed by Garanti BBVA.
R. P.
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