Turkiye Garanti Bankasi A.S.: Announcement regarding Syndicated Loan Agreement
The issuer is solely responsible for the content of this announcement.
- The issuer is solely responsible for the content of this announcement.
- On 25.05.2021 our Bank has signed a syndicated loan agreement with 367 days maturity in the amount of US $ 279.000.000 and 294.000.000 comprising of two separate tranches.
- The loan which will be used for trade finance purposes has been executed with commitments received from 34 financial institutions from 18 countries.
- The all-in cost for USD and EUR tranches have been realized as Libor + 2.50% and Euribor + 2.25% respectively.