on Turkiye Garanti Bankasi A.S. (isin : US9001487019)

Turkiye Garanti Bankasi A.S.: Coupon Rate of Subordinated Debt Securities to Qualified Investors

On July 8, 2024, Turkiye Garanti Bankasi A.S. announced the nineteenth coupon payment for its subordinated debt securities. This debt security, with a nominal value of TRY 252,880,000, qualifies for Tier 2 Capital inclusion. It has a maturity period of 3651 days and offers quarterly coupon payments indexed to the BIST TLREF index.

Initially issued on October 7, 2019, the bond's maturity date is set for October 7, 2029. The bond was made available to qualified investors domestically, with sales running from October 3 to October 8, 2019. The bond carries an ISIN code TRSGRANE2915.

Detailed payment records reflect consistent coupon payments, illustrating Garanti BBVA’s commitments to its investors. Various interest rates applied across the payment schedule, emphasizing the fluctuating interest environment.

R. P.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved. Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Turkiye Garanti Bankasi A.S. news