600 Million Dollar Loan Agreement from Koç Holding

Koç Holding Signs Loan Agreement for Liquidity Increase

Koç Holding has signed a significant loan agreement aimed at enhancing its financial strength and strengthening its liquidity. The announcement stated that the company will receive a loan with a grace period of 2.5 years for repayments.

Loan Details and Consortium Banks

In a statement made through the Public Disclosure Platform (KAP), it was reported that a loan agreement was signed with Bank of America Europe DAC, BNP Paribas Fortis SA/NV, HSBC Bank Middle East Limited, ING Bank N.V., Dublin Branch, JPMorgan Chase Bank, N.A., London Branch, MUFG Bank, Ltd., Société Générale, and Standard Chartered Bank (Hong Kong) Limited.

Loan Amount and Interest Structure

The total loan amount is 600 million dollars, offered at a cost of SOFR + 1.95%, excluding fees and commissions. The loan can be utilized within six months, and interest payments will be made every six months.

Repayment Plan and Maturity Period

According to the signed agreement, there is a grace period of 2.5 years for repayments, and after 2.5 years, the loan is planned to be repaid in a total of 6 equal installments. The loan has been structured with a total maturity period of 5 years.