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ISTANBUL - Turkiye Garanti Bankasi (IS:GARAN) A.S. (TGBD), a leading Turkish bank, has received approval from the Capital Markets Board (CMB) to issue bonds in international markets. This development follows the bank’s announcement on April 19, 2013, regarding the establishment of its Global Medium Term Notes (GMTN) program, designed to facilitate borrowing through various currencies and maturities.
The bank has secured CMB issuance certificates for two bond issues under the GMTN program, both dated April 25, 2025. The first bond, with an ISIN of XS3061269976, is denominated in euros (EUR) with a nominal amount of EUR 100 million and is set to mature on April 27, 2026. The second bond, carrying an ISIN of XS3061270123, is denominated in US dollars (USD) with a nominal amount of USD 200 million and shares the same maturity date.
The approval by the CMB is a significant step for Garanti Bankasi, as it allows the bank to access foreign capital markets and diversify its funding sources. The issuance is part of the bank’s broader strategy to enhance its financial flexibility and support its growth objectives.
Garanti Bankasi has affirmed that the information provided is in accordance with the principles of the CMB’s Communiqué, Serial II Nr.15.1, and accurately reflects the information received, in line with the bank’s records, books, and documents. The bank has taken all necessary steps to ensure the accuracy and completeness of the information related to the bond issuance.
Investors are reminded that in the event of any discrepancies between the Turkish and English versions of this public disclosure, the Turkish version shall prevail. This announcement is based on a press release statement and is for informational purposes only.
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