Announcement regarding results of bond issuance
Announcement regarding results of bond issuance
Pursuant with the Capital Markets Board approval dated 14 March 2014 ; T. Garanti Bankası A.Ş has been authorized regarding (i) the public offering of 73-day maturity bank bonds in the nominal amount of 375.000.000 TL, 178-day maturity bank bonds in the nominal amount of 125,000,000 TL and 368-days maturity discounted bonds in the nominal amount of 250.000.000 TL (in total 750.000.000 TL nominal amount) and, (ii) the increase of the public offering issuance amount up to a nominal amount of 1,000,000,000 TL, in case of an excess demand from investors
On 3April 2014 , the Simple Interest Rate of 73-day Garanti Bank Bonds has been determined as 10,88700%, Compound Interest Rate as 11,37155% and Selling Price as 97,869 TL and as to 178-day Garanti Bank Bonds has been determined as 11,22043%, Compound Interest Rate as 11,54323% and Selling Price as 94,812 TL and as to 368-day Discounted Bond Simple Interest Rate has been determined as 11,49029% , Compound Interest Rate as 11,48506%, and Selling Price as 89,618 TL.
As a result of the public offering bookbuilding process held on 1-2-3 April 2014; the total amount of demand from investors to the bank bonds and discounted bonds issuance was 1.023.735.897 TL nominal and the total issuance amount has been increased to a nominal amount of 1.023.735.897 TL.
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 and discounted bonds are presented in the enclosed table.