Turkish Bank Redeems $23M MTN Debt

Turkiye Garanti Bankasi A.S. has redeemed a $23 million debt instrument under its Medium Term Note (MTN) program, a move disclosed to the investment community by its investor relations department. The redemption occurred on a Monday, following a prior public announcement made on September 2, 2025, when the notes were originally issued abroad. The disclosure aligns with the Board’s Communiqué, Serial II Nr. 15.1, and adheres to the principle that any discrepancies between the Turkish and English versions of the disclosure should be resolved in favor of the Turkish text. The bank’s action reflects its ongoing financial strategy and market positioning.