GARANTI BANK 24/35 FLRMTNGARANTI BANK 24/35 FLRMTNGARANTI BANK 24/35 FLRMTN

GARANTI BANK 24/35 FLRMTN

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Key terms


Outstanding amount
‪750.00 M‬USD
Face value
1,000.00USD
Minimum denomination
200,000.00USD
Coupon
8.13% (Variable)
Coupon frequency
Semi-annual
Yield to maturity
8.08%
Maturity date
Jan 3, 2035
Term to maturity
10 years

About GARANTI BANK 24/35 FLRMTN


Sector
Finance
Industry
Major Banks
Issue date
Dec 3, 2024
FIGI
BBG01QZB6RQ4
Turkiye Garanti Bankasi AS engages in the provision of service to its corporate, commercial and retail customers, including deposit, loans, foreign trade transactions, investment products, cash management, leasing, factoring, insurance, credit cards and other banking products. It operates through the following segments: Retail Bank; Corporate and Commercial Banking; and Investment Banking. It also provides corporate banking products to international and national holdings in Turkey by coordinating regional offices, suppliers and intermediaries, utilizing cross-selling techniques. The company was founded by Halil Naci Mihcioglu, Adnan Taylan, Mahmut Nedim Irengun, Sefik Men, Nadir Naili Kecili, Muammer Eris, Muvaffak Ismen, Cevat Mahruki, Tarik H. Koyuturk, Mahmut Paksoy, Abdurrahman Ciftci, Kemal Sumer and Ahmet Canakcili on April 11, 1946, and is headquartered in Istanbul, Turkey.
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