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General

Turkcell enters MoU with China Development Bank in relation to long-term financing

Friday 6 December 2019 | 16:56 CET | News
Turkcell entered into a memorandum of understanding in relation to an 8-year term loan of EUR 500 million with China Development Bank. Turkcell said it's preparing financing for its strategic focus areas and next-generation technology investments, following the company's recent announcement of 3-year targets in London. Meanwhile, the stabilising macro-economic environment in Turkey continues to support Turkcell's long-term strategy, the company said. Thanks to its prudent financial management, the company continues to attract international investors and financial institutions.

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Categories: General
Companies: Turkcell
Countries: Turkey
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