Turkiye Garanti Bankasi A.S. (TGBD)
17-May-2019 / 07:18 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 Bank / Investor Relations
SUBJECT: Announcement regarding Syndicated Loan Agreement
DATE: May 17, 2019
Our Bank has signed a syndicated loan agreement with 367-days maturity in the amount of US$ 326.000.000 and EUR 408.750.000 comprising of two separate tranches. The loan which will be used for trade finance and general corporate purposes has been executed with commitments received from 35 banks from 18 countries. The all-in cost has been realized as Libor+2.50% and Euribor+2.40% respectively, whereas the book size was over USD 1 billion.
*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.
Contact Garanti Bank Investor Relations:
Tel: +90 212 318 2352
Fax: +90 212 216 5902