Finance

Petkim provided a 300 million dollar loan

Petkim obtained a loan for the bond payment due.

Petkim signed a $300 million loan agreement with JP Morgan Securities to finance the repayment of the $500 million bond that expires this month.

According to the statement made by the company to the Public Disclosure Platform (KAP) on Thursday evening, the annual interest rate of the 3-year loan was determined as SOFR plus 560 basis points.