ISTANBUL — Türkiye’s largest conglomerate, Koç Holding, has signed a $600 million loan agreement with a consortium of major international banks, including Bank of America, BNP Paribas Fortis, HSBC Bank, ING Bank, JPMorgan Chase, as well as MUFG Bank, Société Générale, and Standard Chartered Bank.
In a statement disclosed to the Public Disclosure Platform (KAP), Koç Holding announced that the loan aims to strengthen the group’s liquidity position.
5-Year Term with 2.5-Year Grace Period
According to the company, the loan can be drawn within six months of signing and has a total maturity of five years. The first 2.5 years are designated as a grace period, followed by six equal semiannual installments.
Interest payments will also be made every six months, with a cost of SOFR + 1.95%, excluding fees and commissions.
Official Statement from Koç Holding
Koç Holding’s KAP filing stated:
“In order to enhance our liquidity position, Koç Holding has signed a credit agreement 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.
The total facility amounting to up to $600 million will be available for use within six months. The facility bears interest at SOFR + 1.95%, with semiannual interest payments. The loan has a 5-year maturity, including a 2.5-year grace period, followed by six equal semiannual principal repayments.”
Strengthening Global Financial Ties
The agreement underscores Koç Holding’s strong reputation and creditworthiness in international markets, reflecting the continued confidence of major global lenders in Türkiye’s leading industrial and investment group.
Koç Holding — active in energy, automotive, finance, and consumer goods — remains one of Türkiye’s most globally integrated companies, consistently engaging with top-tier financial institutions to support its growth and diversification strategies.
Source: Patronlar Dünyası/ Prepared by: İlayda Gök