Announcement Regarding the results of bond issuance
Announcement Regarding the results of bond issuance
Pursuant with the Capital Markets Board approval dated January 23, 2015; T. Garanti Bankası A.Ş has been authorized regarding (i) the public offering of 88-day maturity bank bonds in the nominal amount of 300,000,000 TL, 368-day maturity discounted bonds in the nominal amount of 300,000,000 TL; and 728-day maturity fixed-coupon bonds in the nominal amount of 50,000,000 TL (in total 650,000,000 TL nominal amount) and, (ii) the increase of the public offering issuance amount up to a nominal amount of 900,000,000 TL, in case of an excess demand from investors.
On February 6, 2015 Simple Interest Rate of 88-day Garanti Bank Bonds has been determined as 8.82784%, Compound Interest Rate as 9.12808% and Selling Price as 97,916 TL; as to 368-day Discounted Bonds Simple Interest Rate has been determined as 8. 75030% and Selling Price as 91,893 TL; and as to 728-day Fixed-Coupon Bonds Simple Interest Rate has been determined as 8.49686%, Selling Price as 100,000 TL and the Coupon Rate as 2.12421%.
The demand and distribution amounts related to the public offering on the basis of investor groups and the details of the number of investors who became entitled to take bank bonds, discounted and fixed-coupon bonds are presented in the table below.
In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.