Turkiye Garanti Bankasi A.S.: Recent Debt‑Instrument Redemptions and Credit‑Rating Confirmation
Turkiye Garanti Bankasi A.S. (TGBD) announced the redemption of two Medium‑Term Note (MTN) instruments on 7 October 2026. The first instrument, with ISIN XS3194151XXX, was issued abroad on 30 September 2025 in the amount of €15 million and was redeemed on 6 October 2026. The second instrument, with ISIN XS3197730XXX, was issued abroad on 1 October 2025 in the amount of €50 million and was redeemed on 7 October 2026. Both redemptions were communicated through the bank’s Investor Relations channel to the investment community.
In addition to the MTN redemptions, TGBD disclosed the redemption prices for its brokerage‑house warrants. The warrants, maturing 30 September 2026, were issued under the codes UDGFH.V and UDGFI.V. The settlement price for the underlying USDC benchmark was 0,97 USDTRY, with a multiplier of 48,9744 for the first warrant and 0,97 for the second. The redemption data were released on 30 September 2026.
On 30 September 2026, JCR Eurasia Rating evaluated the consolidated structure of Turkiye Garanti Bankasi A.S. and assigned it the highest credit quality at the investment‑grade level. The bank received a Long‑Term National Issuer Credit Rating of ‘AAA (tr)’ and a Short‑Term National Issuer Credit Rating of ‘J1+ (tr)’, both with a stable outlook. The rating assessment was announced on 7 October 2026.
These disclosures underscore Turkiye Garanti Bankasi A.S.’s ongoing engagement with international investors and its strong credit standing in the global financial community.
