Turkiye Garanti Bankasi A.S. Announces New Capital Markets Instrument

Turkiye Garanti Bankasi A.S. has officially filed an application for a new financial instrument labelled as "Garanti Bank Intermediary Institution Warrants," valued at a nominal of 1 Kuruş each, accruing to a total of 150,000,000 Turkish Lira. The Bank's Board of Directors had initially approved this venture on May 04, 2023, paving the way for the submission to regulatory bodies including the Banking Regulation and Supervision Agency and the Capital Markets Board.

The Capital Markets Board has subsequently approved the details as set out in the “Capital Markets Instrument Note,” confirming the issuance of these warrants over a one-year period. The note is now publicly accessible and is crucial for potential investors seeking detailed information regarding this issuance.