FX-linked Loans

Taking into consideration the rate by which the foreign currency will be appreciated against TL, the loan is linked to a specific convertible foreign currency at an interest rate applicable on the basis of foreign currency. This is a loan that you can use without any currency commitment and that requires the payment of principal sum, interest (including FX increases), RUSF and BITT on the maturity.

As there is no export commitment on the part of your firm, this does not bring about any commitment gap and sanction risk.

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