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Türkiye Wealth Fund Pays Off Türk Telekom Debt Early, Saves $150 Million in Interest

Summary by Bazaar Times
The Türkiye Wealth Fund (TVF) has announced that it has fully repaid the loan used for acquiring a 55% stake in Türk Telekom in 2022, ahead of schedule. Loan Refinanced with a New $750 Million Facility According to TVF’s statement, the remaining balance was refinanced with a new five-year loan of $750 million. This marks the first time TVF has been able to make an early loan repayment. With the completion of the refinancing process, more than $1…
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Türkiye Wealth Fund Pays Off Türk Telekom Debt Early, Saves $150 Million in Interest

The Türkiye Wealth Fund (TVF) has announced that it has fully repaid the loan used for acquiring a 55% stake in Türk Telekom in 2022, ahead of schedule. Loan Refinanced with a New $750 Million Facility According to TVF’s statement, the remaining balance was refinanced with a new five-year loan of $750 million. This marks the first time TVF has been able to make an early loan repayment. With the completion of the refinancing process, more than $1…

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Bazaar Times broke the news in on Thursday, April 3, 2025.
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