Turkiye Garanti Bankasi A.S. announced the redemption of a $50 million debt instrument issued under its Medium Term Note (MTN) program. The transaction was completed on Monday and disclosed via a regulatory announcement.
The bank, a unit of Spain’s BBVA, did not provide additional details regarding the terms of the debt instrument or the redemption process in its statement. The $50 million note was originally issued abroad on August 26, 2025, as part of the bank’s offshore funding strategy.
The redemption follows the bank’s broader debt management activities, though no further context on the use of proceeds or future funding plans was specified.
