Brief: Ford Otosan Signs Loan Agreement Worth EUR Equivalent Of $150 Mln With IFC

Ford Otomotiv Sanayi AS

14/07/2020 16:28

July 14 (Reuters) - FORD OTOMOTIV SANAYI  FROTO.IS :
    * SIGNS LOAN AGREEMENT WORTH EUR EQUIVALENT OF $ 150 MILLION
WITH
IFC WITH 6 YEARS MATURITY AND 2 YEAR GRACE PERIOD
    * TO PAY PRINCIPAL AND INTEREST PAYMENTS SEMİANNUALLY
    * INDİCATİVE ANNUAL İNTEREST RATE EXCLUDİNG BANK CHARGES IS
2.15 %
    * FINAL RATE WILL BE DETERMINED AT THE DATE OF DISBURSEMENT
WHICH
IS PLANNED TO BE BEFORE SEPT 15

Source text for Eikon:  ID:nIKA1T3RN4 
Further company coverage:  FROTO.IS 

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