Petkim secures $300 million loan

Petkim secured a loan for the maturing bond payment. Petkim signed a $300 million loan agreement with JP Morgan Securities to finance the repayment of $500 million worth of bonds maturing this month. According to the statement made by the company to the Public Disclosure Platform (KAP) on Thursday evening, the annual interest of the 3-year term loan was determined as SOFR plus 560 basis points.