Announcement regarding bond or other borrowing instruments' issuance
T. Garanti Bankası A.Ş. Board of Directors had authorized the Head Offices to take the necessary actions to arrange and sign the documents related to the bond or other borrowing instruments' issuance transactions up to US$1,500,000,000 in total or equivalent in any other foreign currency with different series and maturities, and fixed and/or floating interest rates to be determined at the time of issuance in accordance with market conditions, to be sold to investors outside Turkey in one or more issuances during the course of 1 year, including the selling and registration of the bond or other borrowing instruments to foreign stock exchanges. It was announced that the application process related to the transaction had been initiated with the Capital Markets Board and other competent authorities.
In this regard, it has been announced in the weekly bulletin of the Capital Markets Board numbered 2011/13 that the above-mentioned application has been approved by the CMB.