0
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.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Turkcell
Countries: Turkey
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Turkcell prepays loan maturing in September

Published 12 Feb 2020 15:58 CET | Turkey
Turkcell announced it decided to prepay its loan under the credit agreement disclosed in September 2015 ahead of its maturity on ...

Turkcell launches YaaniMail email provider

Published 27 Dec 2019 11:32 CET | Turkey
Turkcell launched an email provider named YaaniMail. Created in-house by the company's R&D engineers, YaaniMail is available for ...

Turkcell sells bonds worth USD 10 mln

Published 24 Dec 2019 13:57 CET | Turkey
Turkcell said it sold Eurobonds with a total nominal value of USD 10 million, comprising a portion of the Eurobonds previously ...

Turkcell launches new package as part of 'Advantageous offers' campaign

Published 16 Dec 2019 10:24 CET | Turkey
Turkcell is offering the Super Triple 1 GB Mini (Super Uclu 1 GB Mini) package within the scope of the 'Advantageous offers ...

Turk Telekom enters long term loan deal with BNP Paribas

Published 07 Oct 2019 12:32 CET | Turkey
Turk Telekom entered into a long-term loan agreement with BNP Paribas under the insurance coverage of Finnvera (Finnish export ...

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

Published 23 Aug 2019 13:07 CET | Turkey
Turkcell announced the annual interest rates of a EUR 750 million loan from China Development Bank (CDB) were revised downward to ...

Turkcell announces interest rate swap transaction for loan from China Development Bank

Published 03 Jun 2019 11:45 CET | Turkey
Turkcell said it entered into an interest rate swap transaction for the USD 150 million loan from China Development Bank dated 5 ...

Turkcell borrows EUR 50 mln from BNP Paribas to improve sustainability

Published 10 May 2019 11:42 CET | Turkey
Turkcell entered into a 'Sustainability linked loan' agreement with BNP Paribas for a three-year term loan of EUR 50 million. As ...

Turkcell gets USD 150 mln long term loan to fund acquisition of products, services from Ericsson

Published 26 Feb 2019 14:53 CET | Turkey
Turkcell signed a loan agreement of USD 150 million with J.P.Morgan Chase Bank N.A., London Branch and AB Svensk Exportkredit ...





Calendar   /   Industry Events

10 Aug Synchronoss Q2
10 Aug ON Semiconductor Q2 2020
10 Aug Pixelworks Q2 2020
10 Aug Sohu Q2 2020
10 Aug Avaya fiscal Q3
10 Aug Ceva Q2
10 Aug Gogo Q2 2020
11 Aug Viavi fiscal Q4
11 Aug NTT fiscal Q1
11 Aug Zoom Telephonics Q2 2020
11 Aug Rakuten Group Q2
11 Aug Lumentum fiscal Q4
11 Aug Radcom Q2 2020
12 Aug Tecnotree H1 2020
12 Aug Freenet Q2 2020
12 Aug Tencent Q2 2020
12 Aug Cisco fiscal Q4
12 Aug China Unicom Q2 2020
13 Aug iQiyi Q2 2020
13 Aug 1&1 Drillisch Q2 2020
13 Aug United Internet H1 2020
13 Aug Teleste Q2 2020
13 Aug RTL Group Q2 2020
13 Aug China Mobile H1 2020
13 Aug Singtel fiscal Q1
13 Aug Teleste Q2 2020
13 Aug Deutsche Telekom Q2 2020
13 Aug Swisscom Q2 2020
13 Aug Telstra FY results
14 Aug TDC Q2 results
::: More Calendar Items