Turkcell has secured a US$1 billion syndicated Murabaha financing facility from 14 banks to accelerate its 5G rollout and next-generation digital infrastructure investments ahead of Turkey’s planned 5G launch.
Originally launched at US$500 million, the facility was oversubscribed by 2.4 times, driven by strong demand from GCC and international lenders, prompting Turkcell to double the deal size. The financing—described as the largest Islamic syndicated facility for a Turkish corporate—comes with a seven-year tenor and competitive pricing.
The funding will support 5G deployment, advanced connectivity, and future communication technologies, while strengthening Turkcell’s financial position and access to global capital markets.
