Turkiye Garanti Bankasi A.S. Secures Approval for International Bond Issuance

Turkiye Garanti Bankasi A.S. has received approval from the Capital Markets Board (CMB) for bond issuance aimed at foreign markets. The approval pertains to the bank's Global Medium Term Notes (GMTN) program, which was initially established in April 2013. This program allows the issuance of borrowing instruments in various currencies with different series and maturities.

The issuance certificates obtained relate to two specific bonds. The first, identified by ISIN XS3444997137, is set to be issued on July 17, 2026, with a maturity date of July 22, 2027, and a nominal value of USD 21 million. The second bond, with ISIN XS3450024487, will also be issued on July 17, 2026, maturing on July 27, 2029, with a nominal value of USD 30 million.

The issued bonds indicate Garanti's strategic financial maneuvers to tap into foreign investments, potentially bolstering its international financial standing. The announcement confirms compliance with CMB's principles, ensuring transparency and reliability in the disclosure process.