Authorization of the Head Office regarding the issuance of Borrowing Instruments
Authorization of the Head Office regarding the issuance of Borrowing Instruments
T. Garanti Bankası A.Ş. Board of Directors has resolved that the Head Office be authorized for the issuance of bank bonds and/or debentures up to the aggregate amount of TL 6,700,000,000.- (Six Billion Seven Hundred Million Turkish Lira) in Turkish Lira currency with different types and maturity dates, to be sold domestically in one or more issuances, to determine the maturity date of such bank bonds and/or debentures not more than 5 years, to issue such bank bonds and/or debentures at discount and/or in coupon forms and the coupon bonds as fixed or floating rate bonds in accordance with market conditions, to take as reference one or some of treasury bills and/or government bonds of which maturity dates are in line with those of bonds and/or debentures to be issued, if deemed necessary to add and determine an additional yield , to determine any and all terms and conditions of such issuance including but not limited to the applicable interest rate, and accordingly to make and fulfill necessary applications and conduct any and all acts before Banking Regulation and Supervision Agency, Capital Markets Board and other relevant authorities.
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