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Our company signed a green loan agreement of EUR50 million with ING European Financial Services Plc, a subsidiary of ING Bank A.Ş. The respective loan has a maturity of 5 years and its annual interest cost is Euribor + 1.95%.
The loan facility will be utilized to finance sustainable investments such as renewable energy, energy efficiency, green digital services and green buildings under the internationally recognized Green Loan Principles. The loan will be repaid at once at the end of the 5-year maturity term.
This loan agreement emphasizes our sustainability focus in addition to our key financing strategies of extending the average maturity and diversifying the sources of funding.
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We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.