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English
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Hayır (No)
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Hayır (No)
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-
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Hayır (No)
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A loan agreement with amount EUR equivalent of maximum USD 150 Million is signed with IFC (International Finance Corporation), a member of the World Bank Group, to finance upcoming vehicle development and production facility investments including efficiency, capacity, modernization etc. in the following 4 years. The loan has a 6 year term with two year grace period. Principal and interest payments will be made semiannually. Indicative annual interest rate excluding bank charges is 2.15 % and final rate will be determined at the date of disbursement which is planned to be before September 15th, 2020. 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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