Turkiye Garanti Bankasi A.S.: Redemption of Debt Instrument

Turkiye Garanti Bankasi A.S. has announced the redemption of its structured bonds with ISIN code TR0GRAN01HB5. The principal and coupon payments for the bonds, with a nominal value of TRY 115.393.000 and a maturity of 80 days, were completed on September 2, 2024.

The board's decision regarding this issuance was made on November 3, 2022. This debt security, structured specifically for sale to qualified investors, was issued under a limit of TRY 50,000,000,000. Sales began on June 12, 2024, and ended on June 13, 2024, with the bond's maturity commencing on June 14, 2024.

This bond, offering an interest rate of 9.863%, disbursed a payment amount of TL 11,381,211.59. The maturity date payment of the principal amounted to TL 115,393,000. All payments were confirmed to have been made on the specified dates.

For further details, investors are directed to contact Garanti BBVA Investor Relations.