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Borusan Logistics

Sector: Warehouse • Location: Türkiye

Source: European Bank for Reconstruction and Development (EBRD)

Project
Disbursing

A senior loan of up to USD 33.2 million (EUR 29.5 million) to be provided to Borusan Lojistik Dagitim Depolama Tasimacilik ve Ticaret AS ("Borusan Logistics" or the "Company"). Borusan Logistics is an integrated logistics service provider incorporated in Türkiye offering (i) comprehensive supply chain solutions and third party logistics services in Türkiye and worldwide ("3PL") and (ii) port manag

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Project Information

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The project “Borusan Logistics” is an infrastructure initiative in the Warehouse sector, located in Türkiye. Taiyo aggregates data on it from European Bank for Reconstruction and Development (EBRD).

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Participants

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Company

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Status

Original status

disbursing

Taiyo status

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Description

Description

A senior loan of up to USD 33.2 million (EUR 29.5 million) to be provided to Borusan Lojistik Dagitim Depolama Tasimacilik ve Ticaret AS ("Borusan Logistics" or the "Company"). Borusan Logistics is an integrated logistics service provider incorporated in Türkiye offering (i) comprehensive supply chain solutions and third party logistics services in Türkiye and worldwide ("3PL") and (ii) port management services at Borusan Port (the "Port") located in the Gemlik district of South Marmara region of Türkiye. The loan proceeds will be used to finance Borusan Logistics' capital expenditures to (i) upgrade and expand the Port's facilities; and (ii) accelerate digitalisation development and renew the logistics fleet of the Company's logistics business in Türkiye (the "Project").

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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