Brief: Turk Telekomunikasyon Signs Long-Term Loan Agreement With Export-Import Bank Of China For EUR 80 Mln

Turk Telekomunikasyon

30/05/2023 11:20

May 30 (Reuters) - Turk Telekomunikasyon AS  TTKOM.IS :
    * SIGNS LONG-TERM LOAN AGREEMENT WITH EXPORT-IMPORT BANK OF CHINA FOR EUR 80 MILLION
    * FINAL MATURITY OF LOAN IS MAY 2028
    * INTEREST RATE IS EURIBOR + 140 BPS P.A. AND TOTAL COST INCLUDING INSURANCE PREMIUM AND
OTHER
UPFRONT COSTS IS EURIBOR +279 BPS P.A.
    * SIGNS LONG-TERM LOAN AGREEMENT UNDER INSURANCE COVERAGE OF SINOSURE IN ORDER TO FINANCE
GROUP'S
INVESTMENTS, STRATEGIC INITIATIVES AND GROWTH PLANS

Source text for Eikon:  ID:nIKA5zC34r 
Further company coverage:  TTKOM.IS 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))