Turkcell Iletisim Hizmetleri A.S. signed a loan agreement of USD 90 million with ING BANK N.V. and AB Svensk Exportkredit within the framework of the insurance of the Swedish Export Credit Agency for the financing of products and services which are procured from Ericsson AB and Ericsson Telekomünikasyon A.Ş. The loan agreement comprises three tranches, each with a maturity of 10 years. Each tranche has an availability period of 15 months and the last tranche can be utilized until April 2024. The tranches are to be repaid in semi-annual installments, and the total annual cost of each is 3.04% (fixed).