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Hayır (No)
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-
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Hayır (No)
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On the date 14th May 2020, our bank signed a syndicated loan deal that consists of two tranches worth of 198,500,000 US Dollars and 534,600,000 Euros which in total makes around 780,000,000 US Dollars with 367 days maturity and signed a bilateral loan agreement with European Bank of Reconstruction and Development (EBRD) worth of 100.000.000 USD with 367 days maturity. Our syndicated loan deal that is going to be used for financing of the international trade consists participants from 18 countries and 36 financial institutions. The total cost of the deal for USD and EUR is Libor+2,25% and Euribor+2,00% respectively. Due to the addition of the accordion function to the deal until the drawdown date of 27th May 2020 the total amount of the deal could increase with new participations. The funding that is supplied from EBRD is going to be used for the financing of SMEs for their short-term liquidity requirements. In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail. |
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.