Goltas Goller Bolgesi Cimento inks loan for investment finance

Goltas Goller Bolgesi Cimento inks loan for investment finance
19 May 2014


Turkish cement maker Goltas Goller Bolgesi Cimento Sanayi ve Ticaret said Friday it will sign a US$42m loan agreement with local lender Yapi Kredi to finance its investments.

The company will mortgage a US$54.6m property located in the southwestern Turkish province of Isparta as collateral for the loan, it said in a bourse filing.

Published under Cement News