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Turkiye Garanti Bankasi A.S. (TGBD)
TO: Investment CommunityFROM : Garanti BBVA / Investor RelationsSUBJECT: Announcement regarding Syndicated Loan Agreement
DATE: November 18, 2020
On 18.11.2020 our Bank has signed a syndicated loan agreement with 367 days maturity in the amount of US $ 267.500.000 and € 312.000.000 comprising of two separate tranches. The loan which will be used for trade finance purposes has been executed with commitments received from 30 financial institutions from 18 countries. The all-in cost for USD and EUR tranches have been realized as Libor + 2.50% and Euribor + 2.25% respectively. The total loan amount may be increased with new participations through the accordion terms under the agreement.
In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
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.
Yours sincerely, Garanti BBVA Contact Garanti BBVA Investor Relations: Tel: 2Fax: 2E-mail:
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| ISIN: | US9001487019 |
| Category Code: | MSCL |
| TIDM: | TGBD |
| OAM Categories: | 3.1. Additional regulated information required to be disclosed under the laws of a Member State |
| Sequence No.: | 88130 |
| EQS News ID: | 1149282 |
| End of Announcement | EQS News Service |
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