Garanti Bank releases prospectus for new warrants

Published 19/12/2024, 15:00
Garanti Bank releases prospectus for new warrants
GARAN
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ISTANBUL - Turkiye Garanti Bankasi (IS:GARAN) A.S. (TGBD), one of Turkey’s largest banks, has released a prospectus summary approved by the Capital Markets Board for the issuance of new "Garanti Bank Intermediary Institution Warrants." The document provides key information for the investment community regarding this new financial instrument.

The bank’s announcement on Wednesday indicates that the prospectus has met the regulatory requirements set forth by the Capital Markets Board’s Communiqué, Serial II Nr.15.1. The bank asserts that the information presented is consistent with their records and has been thoroughly verified for accuracy and completeness.

The prospectus summary is now available for potential investors and market participants to review. It contains essential details about the warrants, which are financial derivatives that give the holder the right, but not the obligation, to buy or sell a security at a specified price before a certain date.

The bank emphasizes that in case of any discrepancies between the Turkish and English versions of the public disclosure, the Turkish version shall prevail. This highlights the bank’s commitment to maintaining transparency and reliability in its communications with the investment community.

Investors interested in these new warrants can contact Garanti BBVA (BME:BBVA)’s Investor Relations for more information. The bank has provided contact details for inquiries but has not included any promotional content or forward-looking statements in its announcement.

This move by Garanti Bank may be of interest to investors looking for new opportunities in the Turkish financial markets. The issuance of these warrants is part of the bank’s broader efforts to offer diverse investment options to its clients.

The information for this article is based on a press release statement from Turkiye Garanti Bankasi A.S.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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