Turkcell Iletisim (TKC) has released an update.
Turkcell Iletisim has announced a major financing milestone with the signing of a non-binding term sheet for a €300 million loan from the China Development Bank, aimed at funding infrastructure investments. The loan features a 10-year maturity with a 3-year grace period and subsequent biannual repayments, locked in at a fixed annual interest rate of 4.98%.
For further insights into TKC stock, check out TipRanks’ Stock Analysis page.
