Syndicated Loan

Syndicated Loan

Garanti BBVA’s outstanding syndicated loans;

• In June 2026 our bank signed  a multi-currency syndicated term loan facility from international markets: USD 32.5 million and EUR 23.5 million with 367 days maturity; USD 105.25 million and EUR 40 million with 24 months and 2 days maturity; USD 87.5 million and EUR 2 million with 36 months and 2 days maturity.  Our syndicated loan deal consists of participants from 15 countries and 32 financial institutions. All in cost for the 367-day tranches are Sofr+1.25% p.a. and Euribor+1.10% p.a. respectively, Sofr+1.75% p.a. and Euribor+1.60% p.a. for the 24 months and 2 days tranches, respectively and Sofr+2.00% p.a. Euribor+1.80% p.a. for the 36 months and 2 days tranches. 

  * In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.

• In December 2025 our bank signed a multi-currency sustainability syndicated term loan facility from international markets: USD 97.75 million and EUR 61 million with 367 days maturity; USD 157 million and EUR 28 million with 736 days maturity; USD 75 million with 1103 days maturity which in total makes around 433.4 million USD. Our syndicated loan deal consists of participants from 22 countries and 49 financial institutions. The total costs for the 367-day tranches are Sofr+1.50% p.a. and Euribor+1.25% p.a. respectively, Sofr+1.90% p.a. and Euribor+1.65% p.a. for the 736 days tranches, respectively and Sofr+2.15% p.a. for the 1103 days tranches.

Please check related disclosure for details here.

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