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API magazine
on
October 1, 2020
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In November 2019, the company mandated London-based Dome Group for the refinancing of the loans it took out for the investment, as it aimed to reduce the financing costs of the airport project.

IGA had taken out a EUR 4.5 billion loan for the project with a 16-year maturity and a four-year grace period on the principle amount. Total investment in the project was predicted to be EUR 6 billion, and IGA later borrowed another EUR 1 billion for additional financing. Ziraat Bank, Halkbank, Vakifbank, Denizbank, Garanti BBVA and Finansbank were among the lenders that gave the loan.