Turkiye Garanti Bankasi A.S. Secures CMB Approval for Bond Issuance

Turkiye Garanti Bankasi A.S. has received approval from the Capital Markets Board (CMB) for issuing bonds to foreign markets. This approval falls under the Global Medium Term Notes (GMTN) program established in 2013. The program is designed to facilitate borrowing in multiple currencies with varying maturities.

The CMB has approved issuance certificates for three series of bonds. The first two series, identified by ISIN XS3146739993 and XS3145801414, have a nominal value of USD 200 million and USD 300 million, respectively. Both are scheduled for issuance on August 8, 2025, with a maturity date of August 13, 2026. The third series, with ISIN XS3146740066, has a nominal value of EUR 100 million and shares the same issuance and maturity dates.