Annoucement about Tender Offer
Annoucement about Tender Offer
Ref: Our public disclosure dated 21.11.2024
On November 21, T. Garanti Bankası A.Ş. announced a cash Tender Offer for the Tier 2 bonds with the ISIN code XS1617531063 and US900148AE73, with a nominal value of USD 750,000,000 due date 2027. Banco Bilbao Vizcaya Argentaria, S.A., Standard Chartered Bank have been authorized for the Redemption Offer.
Tender offer Results:
Start date: 21 November 2024
Expiry Date: 27 November 2024 -17:00 New York time
Announcement Date: 29 November 2024
Payment date: December 3, 2024
Tender Offer price: 101.4
Aggregate Principal Amount of Notes accepted for purchase: 134,248,000 Dollars
The Notes in which the Offer was repurchased will be canceled and the remaining principal amount of the Notes outstanding will be $615,752,000.