Turkiye Garanti Bankasi A.S. Completes Sale of Subordinated Notes

Turkiye Garanti Bankasi A.S. has successfully completed the sale of subordinated notes issued abroad, with a nominal value of USD 700 million. The transaction marks a significant financial maneuver for the bank, ensuring a receipt of funds that strengthens its capital structure.

The subordinated notes in question, identified by the codes XS3205715611 and US900148AJ60, have now been fully processed. This issuance aligns with regulatory standards and supports Garanti BBVA's strategic objectives.

In cases of discrepancy between the Turkish and English versions of disclosure, the Turkish version is deemed authoritative. The bank asserts that all information is compliant with the Board's Communiqué, Serial II Nr.15.1, reflecting accurate and complete disclosure.

Garanti BBVA emphasizes its dedication to transparency and accountability in financial operations. Investor relations remain accessible for inquiries.