Ford Automotive signed a loan agreement

Ford Automotive signed a loan agreement
Ford Automotive signed a loan agreement

Ford Otomotiv Sanayi A.Ş made a loan agreement.


In the statement made to the Public Disclosure Platform (KAP), “Efficiency, capacity, modernization, etc. in the vehicle development and production facilities that are foreseen to be realized within the next 4 years with the IFC (International Finance Corporation) within the World Bank Group by our company. For the financing of investment expenditures, a contract has been signed for the use of credit in euro equivalent to a maximum of 150 million USD. The loan has a six-year grace period with a two-year grace period and principal and interest payments will be made every six months. The indicative interest rate of the loan, which is planned to be used until September 15, 2020, excluding bank expenses, has been determined as 2,15 percent annually and the final interest rate will become clear on the date of use. ” expression was used.


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