White & Case's Turkish affiliate GKC Partners has advised Akbank, ING Turkiye, MUFG Bank Turkey, QNB Finansbank, and Turk Ekonomi Bankasi on an approximately EUR 90 million loan to Temsa.
Temsa operates in the Turkish automotive industry. According to GKC Partners, "the financing is aimed to further support Temsa's current restructuring efforts as well as expand the company’s vehicle fleet to accelerate its global growth and sustainability investments."
The GKC Partners team included Managing Partner Guniz Gokce, Partner Ates Turnaoglu, Senior Associate Aybike Iplikci, Associate Hasan Karakelle, and Legal Intern Selin Ulger.