Distribution Results of Subordinated Debt Securities to Qualified Investors

Date : 14/02/2020 @ 18:00
Source : UK Regulatory (RNS & others)

Distribution Results of Subordinated Debt Securities to Qualified Investors

 
 Turkiye Garanti Bankasi A.S. (TGBD) 
Distribution Results of Subordinated Debt Securities to Qualified Investors 
 
14-Feb-2020 / 18:00 GMT/BST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
TO: Investment Community 
 
FROM : Garanti BBVA / Investor Relations 
........................................ 
 
SUBJECT: Distribution Results of Subordinated Debt Securities to Qualified Investors 
 
DATE: February 14, 2020 
 
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. 
 
Board Decision Date  30.07.2019 
 
Related Issue Limit Info 
Currency Unit   TRY                TRY 
Limit           7,000,000,000      20.000.000.000 
Issue Limit     Subordinated Debt  Dept Securities 
Security Type   Securities 
Sale Type       Sale To Qualified  Public 
                Investors          Offering-Sale To 
                                   Qualified Investor 
Domestic /      Domestic           Domestic 
Oversea 
 
Capital Market Instrument To Be Issued Info 
Type                       Bond 
Maturity Date              14.02.2030 
Maturity (Day)             3653 
Interest Rate Type         FRN 
Sale Type                  Sale To Qualified Investors 
ISIN Code                  TRSGRAN23013 
Starting Date of Sale      12.02.2020 
Ending Date of Sale        13.02.2020 
Maturity Starting Date     14.02.2020 
Nominal Value of Capital   750,000,000 
Market Instrument Sold 
Coupon Number              40 
Redemption Date            14.02.2030 
Payment Date               14.02.2030 
 
Was The Payment Made? No     No 
 
Redemption Plan of Capital Market Instrument Sold 
  Coupon    Payment     Record    Payment            Interest Interest   Payment   Exchange Was 
  Number      Day        Date       Date              Rate-    Rate -    Amount      Rate   the 
                                                      Yearly   Yearly                       Pay 
                                                      Simple  Compound                      men 
                                            Interest   (%)      (%)                          t 
                                            Rate (%)                                        Mad 
                                                                                            e? 
 
    1      14.05.2020 13.05.2020 14.05.2020 
    2      14.08.2020 13.08.2020 14.08.2020 
    3      14.11.2020 13.11.2020 16.11.2020 
    4      14.02.2021 12.02.2021 15.02.2021 
    5      14.05.2021 13.05.2021 14.05.2021 
    6      14.08.2021 13.08.2021 16.08.2021 
    7      14.11.2021 12.11.2021 15.11.2021 
    8      14.02.2022 11.02.2022 14.02.2022 
    9      14.05.2022 13.05.2022 16.05.2022 
    10     14.08.2022 12.08.2022 15.08.2022 
    11     14.11.2022 11.11.2022 14.11.2022 
    12     14.02.2023 13.02.2023 14.02.2023 
    13     14.05.2023 12.05.2023 15.05.2023 
    14     14.08.2023 11.08.2023 14.08.2023 
    15     14.11.2023 13.11.2023 14.11.2023 
    16     14.02.2024 13.02.2024 14.02.2024 
    17     14.05.2024 13.05.2024 14.05.2024 
    18     14.08.2024 13.08.2024 14.08.2024 
    19     14.11.2024 13.11.2024 14.11.2024 
    20     14.02.2025 13.02.2025 14.02.2025 
    21     14.05.2025 13.05.2025 14.05.2025 
    22     14.08.2025 13.08.2025 14.08.2025 
    23     14.11.2025 13.11.2025 14.11.2025 
    24     14.02.2026 13.02.2026 16.02.2026 
    25     14.05.2026 13.05.2026 14.05.2026 
    26     14.08.2026 13.08.2026 14.08.2026 
    27     14.11.2026 13.11.2026 16.11.2026 
    28     14.02.2027 12.02.2027 14.02.2027 
    29     14.05.2027 13.05.2027 14.05.2027 
    30     14.08.2027 13.08.2027 16.08.2027 
    31     14.11.2027 12.11.2027 15.11.2027 
    32     14.02.2028 11.02.2028 14.02.2028 
    33     14.05.2028 12.05.2028 15.05.2028 
    34     14.08.2028 11.08.2028 14.08.2028 
    35     14.11.2028 13.11.2028 14.11.2028 
    36     14.02.2029 13.02.2029 14.02.2029 
    37     14.05.2029 11.05.2029 14.05.2029 
    38     14.08.2029 13.08.2029 14.08.2029 
    39     14.11.2029 13.11.2029 14.11.2029 
    40     14.02.2030 13.02.2030 14.02.2030 
Principal/ 14.02.2030 13.02.2030 14.02.2030                            750.000.000 
 Maturity 
   Date 
 Payment 
  Amount 
 
*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: +90 212 318 2352 
..................... 
 
Fax: +90 212 216 5902 
..................... 
 
E-mail: investorrelations@garantibbva.com.tr 
............................................ 
 
www.garantibbvainvestorrelations.com [1] 
........................................ 
 
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.:   46804 
EQS News ID:    975895 
 
End of Announcement EQS News Service 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=19979b7bae6aeeb49d76141fbe11774c&application_id=975895&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

February 14, 2020 13:00 ET (18:00 GMT)

ADVFN Advertorial
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20200530 12:49:54