Turkcell Secures Major Long-Term Loan Agreement
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Turkcell Secures Major Long-Term Loan Agreement

Turkcell Iletisim (TKC) has released an update.

Turkcell Iletisim Hizmetleri A.S., a leading Turkish telecommunications company, has announced the signing of a significant long-term loan agreement with the China Development Bank. The loan totals RMB2.46 billion, with the first tranche amounting to RMB1.23 billion (approximately EUR157 million). The repayment schedule is structured with incremental percentages due over a period starting 36 months after the first credit utilization, extending up to 120 months.

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