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General

Turkcell announces lower annual interest rates for loan from China Development Bank

Friday 23 August 2019 | 13:07 CET | News

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Turkcell announced the annual interest rates of a EUR 750 million loan from China Development Bank (CDB) were revised downward to LIBOR + 2.17 percent and EURIBOR + 2.15 percent, respectively, from LIBOR + 2.22 percent and EURIBOR + 2.20 percent. The updated rates are effective as of 10 April. There have been no changes to the maturity or the repayment terms of the loan, the company says in a press release.

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Categories: General
Companies: Turkcell
Countries: Turkey
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