Turkcell Secures $1 Billion Islamic Financing Facility to Fund 5G and Digital Infrastructure Investments

Turkcell, a leading Turkish telecommunications company, has secured a $1 billion Murabaha syndication facility from 14 banks. The financing will support 5G and future connectivity investments. The facility has a seven-year maturity, a two-year grace period, and an all-in cost of SOFR + 2.14% per annum. This deal is the largest ever syndicated Islamic financing facility for a Turkish corporate and underscores Turkcell's strong credit profile and strategic access to international capital markets.