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GKC Partners and Baker McKenzie Advise on Pegasus Airlines Debut Eurobonds Issuance

GKC Partners and Baker McKenzie Advise on Pegasus Airlines Debut Eurobonds Issuance

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GKC Partners in association with White & Case has advised Pegasus Airlines on its USD 375 million debut Eurobonds issuance, due in 2026. Baker McKenzie advised global coordinators and joint book-runners BofA Securities and Goldman Sachs International.

Pegasus Airlines is a Turkish low-cost airline that provides flights to 111 destinations in 43 countries.

The GKC Partners team consisted of Partner Derin Altan, Associates Eren Ayanlar, Irem Kurkcu, Gozde Berkil, Ata Deniz, and Legal Intern Zeynep Ulasan.

Baker McKenzie’s team included London-based Partners Rob Mathews and Megan Schellinger and Associates James Tanner and Henry Gee, as well as Partner Muhsin Keskin and Associate Erdi Yildirim from the Esin Attorney Partnership.

Baker McKenzie at a Glance

Baker McKenzie brings insight and foresight to clients across more than 70 global offices. Our team of 13,000 people, including over 6,500 lawyers, works alongside our clients to drive growth that is both sustainable – and inclusive. The global business community is more interconnected than ever before. Opportunities and risks spill across different markets, sectors and areas of law, so a connected perspective is essential in delivering business objectives while mitigating risk. Our integrated client solutions provide seamless advice, underpinned by deep practice and sector expertise, as well as first-rate local market knowledge.

In the Central and Eastern European (CEE) region, Baker McKenzie's expansion remains steadfast, with a thriving team of over legal professionals. Our footprint extends across six offices in Austria, the Czech Republic, Hungary, Poland, Türkiye, and Ukraine. As part of our global network, coupled with well-established partnerships throughout the entire CEE landscape, we proudly stand as one of the foremost international law firms in this dynamic territory. Our reputation as a premier business law firm in CEE is a testament to our extensive experience in advising on a multitude of prestigious projects and nurturing enduring client relationships.

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