Turkcell has secured a $1 billion Murabaha syndicated loan to accelerate its 5G rollout and next-generation technology investments, marking the largest corporate Murabaha financing deal ever executed by a Turkish company.
Originally targeted at $500 million, the transaction was oversubscribed by 2.4 times, reflecting strong confidence from international investors. The funding consortium, led by HSBC, includes major global banks such as BNP Paribas, Emirates NBD, Kuwait Finance House, and QNB.
The seven-year facility—exceeding typical market tenors—comes with a competitive cost structure and a two-year grace period on principal repayments. Structured under interest-free financing principles, the deal supports Turkcell’s strategy to diversify funding sources while maintaining financial resilience amid global economic and geopolitical pressures.
The capital will be directed toward 5G deployment, digital infrastructure expansion, and future communication technologies, as Turkey prepares for its transition to 5G starting April 1.
Turkcell emphasized that strong investor demand highlights confidence in its financial stability, operational strength, and long-term growth strategy.
