Garanti BBVA Fleet issued bonds with a maturity of 546 days and a nominal value of 100 million TL.
The issue, which took place on 3 February 2016, with a maturity of 18 months and a coupon payment once in every 91 days, with a principal payment at the end of maturity and a redemption date of August 2, 2017 was offered to qualified investors without a public offering.
Garanti BBVA Fleet, offering widespread across Turkey, fast and reliable services, provides fleet management service to firms of all sizes from SMEs to corporate businesses for all brands and models of passenger vehicles sold in Turkey with the power and solid financial structure of the brand of Garanti BBVA.