A Loan Agreement Is Entered Between Kardemir And German KfW IPEX Bank

A Loan Agreement Is Entered Between Kardemir And German KfW IPEX Bank :A loan agreement is entered between Kardemir and German KfW IPEX Bank within the scope of Kardemir General Directorate’s Capacity Increase and Modernization Project.

The loan of approximately € 45.5m has a total maturity of 13 years with a grace period of 3 years and 10 years for payment. The loan will be used for financing expenditures abroad regarding the “Heavy Profile and Thick Round Rolling Mill and Slab Casting Plant”

A Loan Agreement Is Entered Between Kardemir And German KfW IPEX Bank

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