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Turkcell Secures Long-Term Loan from China Development Bank

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Turkcell Secures Long-Term Loan from China Development Bank

Turkcell Iletisim ( (TKC) ) has issued an announcement.

On March 28, 2025, Turkcell Iletisim announced the signing of a long-term loan agreement with China Development Bank for the second tranche of a total RMB 2.46 billion credit package, amounting to RMB 1.23 billion (approximately EUR 152 million). This agreement, following previous announcements in 2024, outlines a structured repayment plan extending to 2034, which is expected to bolster Turkcell’s financial stability and support its strategic initiatives.

More about Turkcell Iletisim

Turkcell Iletisim Hizmetleri A.S. is a leading telecommunications company based in Istanbul, Turkey. It provides a wide range of communication services, including mobile voice, data, and broadband services, primarily focusing on the Turkish market.

YTD Price Performance: -8.98%

Average Trading Volume: 561,966

Technical Sentiment Signal: Sell

Current Market Cap: $5.35B

Learn more about TKC stock on TipRanks’ Stock Analysis page.

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