Brief: Petkim Says Subsidiary Petlim Limancilik Signs Facility Agreement Worth $140 Mln With J.P. Morgan

Petkim Petrokimya Holding

03/02/2025 06:44

Feb 3 (Reuters) - PETKİM PETROKİMYA HOLDİNG  PETKM.IS :
    * SAID ON FRIDAY SUBSIDIARY PETLIM LIMANCILIK TICARET SIGNS
FACILITY AGREEMENT IN AN AMOUNT OF $140 MILLION WITH J.P. MORGAN
UNDER GUARANTEE OF PETKIM
    * FACILITY HAS A BULLET MATURITY OF 3 YEARS AND HAS INTEREST
RATE
OF SOFR + 4.35% PER ANNUM
    * FACILITY AGREEMENT HAS BEEN SIGNED FOR THE REFINANCING OF
THE
FACILITY UTILIZED AS PER THE FACILITY AGREEMENT AT AN AMOUNT OF
USD 212 MILLION SIGNED BY AND BETWEEN PETLIM LIMANCILIK TICARET
AS THE BORROWER, AKBANK AND OUR COMPANY AS THE GUARANTOR IN 2015


    
  
 Source text:  urn:newsml:reuters.com:*:nIKA9YYJFg
 Further company coverage:  PETKM.IS  

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