Brief: Yatas Says It Authorizes Management To Sign An Export Credit Agency Loan Agreement Worth EUR 10.2 Mln

Yatas Yatak ve Yorgan Sanayi Ticaret

26/07/2024 07:10

July 26 (Reuters) - YATAŞ YATAK VE YORGAN SANAYİ TİCARET
 YATAS.IS :
    * SAYS IT AUTHORIZES MANAGEMENT TO SIGN AN EXPORT CREDIT
AGENCY
LOAN AGREEMENT WORTH 10.2 MILLION EUROS WITH AN ANNUAL INTEREST
RATE OF EURIBOR+2.5%, 1 YEAR GRACE PERIOD, 7 YEAR MATURITY, FROM
AKA BANK, UNDER GUARANTEE OF HERMES FROM ABROAD
    * SAYS LOAN WILL BE USED ON DATE WHEN MACHINERY
MANUFACTURING IS
COMPLETED AND SHIPMENTS TO TURKEY BEGIN, AND WILL BE REALIZED IN
LAST QUARTER OF 2024

        
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