TURKIYE GARANTI BANKASI A.S. Turkiye Garanti Bankasi A.S.: Announcement regarding Syndicated Loan Agreement

Directive transparence : information réglementée

19/11/2020 07:26

Turkiye Garanti Bankasi A.S. (TGBD)
Turkiye Garanti Bankasi A.S.: Announcement regarding Syndicated Loan Agreement

19-Nov-2020 / 06:26 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

TO: Investment Community

FROM : Garanti BBVA / Investor Relations

SUBJECT: Announcement regarding Syndicated Loan Agreement



DATE: November 18, 2020






On 18.11.2020 our Bank has signed a syndicated loan agreement with 367 days maturity in the amount of US $ 267.500.000 and € 312.000.000 comprising of two separate tranches. The loan which will be used for trade finance purposes has been executed with commitments received from 30 financial institutions from 18 countries. The all-in cost for USD and EUR tranches have been realized as Libor + 2.50% and Euribor + 2.25% respectively. The total loan amount may be increased with new participations through the accordion terms under the agreement.


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 BBVA

Contact Garanti BBVA Investor Relations:

Tel: +90 212 318 2352
Fax: +90 212 216 5902
E-mail: investorrelations@garantibbva.com.tr


ISIN: US9001487019
Category Code: MSCL
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 88130
EQS News ID: 1149282

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