TO: Investment Community
FROM : Garanti BBVA / Investor Relations
SUBJECT: Distribution Results of Subordinated Debt Securities to Qualified Investors
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DATE: February 14, 2020
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The issuance of the subordinated Debt Securities that meet the criteria for the inclusion in Tier 2 Capital in the nominal value of TRY 750,000,000 with a maturity of 3653 days with 3 months coupon payments indexed to BIST TLREF index ; to be sold to qualified investors has been realized as of (14.02.2020). The book-building started on Wednesday, February 12th, in the range of BIST TLREF + (200-300) spread as 500 million TL. As a result of more than double amount demand, the issuance was completed at 750 million TL nominal with BIST TLREF + 250 spread.
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Board Decision Date
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30.07.2019
|
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Related Issue Limit Info
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Currency Unit
|
TRY
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TRY
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Limit
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7,000,000,000
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20.000.000.000
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Issue Limit Security Type
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Subordinated Debt Securities
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Dept Securities
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Sale Type
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Sale To Qualified Investors
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Public Offering-Sale To Qualified Investor
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Domestic / Oversea
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Domestic
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Domestic
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Capital Market Instrument To Be Issued Info
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Type
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Bond
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Maturity Date
|
14.02.2030
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Maturity (Day)
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3653
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Interest Rate Type
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FRN
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Sale Type
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Sale To Qualified Investors
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ISIN Code
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TRSGRAN23013
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Starting Date of Sale
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12.02.2020
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Ending Date of Sale
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13.02.2020
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Maturity Starting Date
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14.02.2020
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Nominal Value of Capital Market Instrument Sold
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750,000,000
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Coupon Number
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40
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Redemption Date
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14.02.2030
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Payment Date
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14.02.2030
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Was The Payment Made?                                                    No
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No
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Redemption Plan of Capital Market Instrument Sold
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Coupon Number
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Payment Day
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Record Date
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Payment Date
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Interest Rate (%)
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Interest Rate- Yearly Simple (%)
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Interest Rate - Yearly Compound (%)
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Payment Amount
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Exchange Rate
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Was the Payment Made?
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1
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14.05.2020
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13.05.2020
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14.05.2020
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Â
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Â
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Â
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Â
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Â
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2
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14.08.2020
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13.08.2020
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14.08.2020
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Â
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Â
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Â
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Â
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Â
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Â
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3
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14.11.2020
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13.11.2020
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16.11.2020
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Â
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Â
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Â
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Â
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Â
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Â
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4
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14.02.2021
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12.02.2021
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15.02.2021
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Â
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Â
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Â
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Â
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Â
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Â
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5
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14.05.2021
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13.05.2021
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14.05.2021
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Â
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Â
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Â
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Â
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Â
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Â
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6
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14.08.2021
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13.08.2021
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16.08.2021
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Â
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Â
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Â
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Â
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Â
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Â
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7
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14.11.2021
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12.11.2021
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15.11.2021
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Â
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Â
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Â
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Â
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Â
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Â
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8
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14.02.2022
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11.02.2022
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14.02.2022
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Â
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Â
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Â
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Â
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Â
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Â
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9
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14.05.2022
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13.05.2022
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16.05.2022
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Â
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Â
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Â
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Â
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Â
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Â
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10
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14.08.2022
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12.08.2022
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15.08.2022
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Â
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Â
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Â
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Â
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Â
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Â
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11
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14.11.2022
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11.11.2022
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14.11.2022
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Â
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Â
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Â
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Â
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Â
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12
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14.02.2023
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13.02.2023
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14.02.2023
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Â
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Â
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Â
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Â
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Â
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Â
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13
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14.05.2023
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12.05.2023
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15.05.2023
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Â
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Â
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Â
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Â
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Â
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Â
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14
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14.08.2023
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11.08.2023
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14.08.2023
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Â
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Â
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Â
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Â
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15
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14.11.2023
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13.11.2023
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14.11.2023
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Â
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Â
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Â
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Â
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16
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14.02.2024
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13.02.2024
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14.02.2024
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Â
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Â
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Â
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Â
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Â
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Â
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17
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14.05.2024
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13.05.2024
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14.05.2024
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Â
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Â
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Â
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Â
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Â
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Â
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18
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14.08.2024
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13.08.2024
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14.08.2024
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Â
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Â
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Â
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Â
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Â
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Â
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19
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14.11.2024
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13.11.2024
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14.11.2024
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Â
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Â
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Â
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Â
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Â
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Â
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20
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14.02.2025
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13.02.2025
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14.02.2025
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Â
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Â
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Â
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Â
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Â
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21
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14.05.2025
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13.05.2025
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14.05.2025
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Â
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Â
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Â
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Â
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22
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14.08.2025
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13.08.2025
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14.08.2025
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Â
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Â
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Â
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Â
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Â
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Â
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23
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14.11.2025
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13.11.2025
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14.11.2025
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Â
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Â
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Â
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Â
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Â
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24
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14.02.2026
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13.02.2026
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16.02.2026
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Â
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Â
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Â
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Â
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25
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14.05.2026
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13.05.2026
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14.05.2026
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Â
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Â
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Â
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26
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14.08.2026
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13.08.2026
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14.08.2026
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Â
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Â
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Â
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Â
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27
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14.11.2026
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13.11.2026
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16.11.2026
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Â
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Â
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Â
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Â
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28
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14.02.2027
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12.02.2027
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14.02.2027
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Â
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Â
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Â
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Â
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29
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14.05.2027
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13.05.2027
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14.05.2027
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Â
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30
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14.08.2027
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13.08.2027
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16.08.2027
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Â
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Â
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Â
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31
|
14.11.2027
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12.11.2027
|
15.11.2027
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Â
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Â
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32
|
14.02.2028
|
11.02.2028
|
14.02.2028
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Â
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Â
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Â
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Â
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33
|
14.05.2028
|
12.05.2028
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15.05.2028
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Â
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Â
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Â
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Â
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Â
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Â
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34
|
14.08.2028
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11.08.2028
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14.08.2028
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Â
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Â
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Â
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35
|
14.11.2028
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13.11.2028
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14.11.2028
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36
|
14.02.2029
|
13.02.2029
|
14.02.2029
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Â
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Â
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Â
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Â
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Â
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Â
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37
|
14.05.2029
|
11.05.2029
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14.05.2029
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Â
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Â
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Â
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Â
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Â
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38
|
14.08.2029
|
13.08.2029
|
14.08.2029
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Â
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Â
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Â
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Â
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Â
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39
|
14.11.2029
|
13.11.2029
|
14.11.2029
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Â
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Â
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40
|
14.02.2030
|
13.02.2030
|
14.02.2030
|
Â
|
Â
|
Â
|
Â
|
Â
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Â
|
Principal/ Maturity Date Payment Amount
|
14.02.2030
|
13.02.2030
|
14.02.2030
|
Â
|
Â
|
Â
|
750.000.000
|
Â
|
Â
|
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*In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
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We declare that our above statements are in conformity with the principles included in the Board's Communiqué, Serial II Nr.15.1, that it exactly reflects the information we received; that the information complies with our records, books and documents; that we did our best to obtain the correct and complete information relative to this subject and that we are responsible for the declarations made in this regard.
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Yours sincerely,
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Garanti BBVA
Contact Garanti BBVA Investor Relations:
Tel: 2
Fax: 2
E-mail:
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