Turkcell Iletisim Hizmetleri A.S. signed a non-binding term sheet with the China Development Bank for a loan agreement that can be utilized in Chinese Yuan up to the amount of EUR 300 million for the financing of infrastructure investments. The loan has a maturity of 10 years and a grace period of 3 years. After the 3-year grace period, principal repayments will be made twice a year (in April and October) for the next 7 years.

The annual interest rate for the loan is fixed at 4.98%.