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English
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oda_MaterialEventDisclosureGeneralAbstract|
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Evet (Yes)
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Hayır (No)
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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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23/03/2017
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Hayır (No)
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It was stated on our 23.03.2017 dated disclosure that we were in negotiations with EBRD (European Bank for Reconstruction and Development) to obtain loan for financing upcoming investment projects.
As a result of positive outcome of the negotiations, the loan agreement is signed today.
Loan agreement is € 150 million and funded directly by EBRD. The loan has a 7-year term with 3 years grace period and the interest rate is Euribor+%1.95 per annum excluding other charges. This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.
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