Syndication
Garanti BBVA’s outstanding syndicated loans;
- Our bank signed a sustainability syndicated loan deal that consists of 95,75 million US Dollars and 99,275 million Euros with 367 days and 191,5 million US Dollars and 36 million Euros with 734 days maturity which in total makes around 440 million US Dollars. Our syndicated loan deal consists of participants from 20 countries and 43 financial institutions. The total cost of the deal for USD and EUR is SOFR + 1,60% and Euribor + 1,35% respectively for 367 day tranches and the total cost of the deal for USD and EUR is SOFR + 2,00% and Euribor + 1,75% respectively for 734 days tranche.
- On 02.12.2024 our Bank has signed a syndicated loan agreement with 367 days maturity in the amount of US $ 244,000,000 and € 162,400,000 comprising of two separate tranches. The loan which will be used for general trade finance purposes and financing eligible sustainability projects has been executed with commitments received from 43 financial institutions from 21 countries. The all-in cost for USD and EUR tranches have been realized as SOFR + 1.75% and Euribor + 1.5% respectively.