Galatasaray, which agreed with the Banks Association on the restructuring of debts, notified the details of the new contract to the Public Disclosure Platform (KAP).
Accordingly, the yellow-red team will make the first principal payment on August 31, 2023, and the last principal payment on May 31, 2030. .
Here is the PDP statement:
Our Company is under the Financial Restructuring Framework Agreement. Ziraat Bank A.Ş. and DenizBank A.Ş., a Financial Restructuring Agreement. In accordance with the contract made, the first principal payment will be made on August 31, 2023, and the last principal payment will be made on May 31, 2030. In accordance with this agreement, all financial debts of our company are determined in Turkish Lira. It is presented to the public.