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BASEAK Advises Lenders on USD 600 Million QNB Bank Sustainability Loan Renewal

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Dentons and its Turkish affiliate Balcioglu Selcuk Eymirlioglu Ardiyok Keki Attorney Partnership have advised a syndicate of lenders, including Mizuho Bank, Mashreqbank, Sumitomo Mitsui Banking Corporation, and HSBC Bank Middle East Limited, among others, on the renewal of QNB Bank’s USD 600 million sustainability multi-tranche term loan facility.

According to BASEAK, the facility continues QNB Bank’s focus on sustainability-linked financing and reflects strong lender confidence in the bank’s ESG trajectory. The loan comprises multiple tranches and is structured to support the bank’s green and sustainable lending initiatives.

The BASEAK team included Partner Gunhan Yalcin, Counsel Ceyda Aydin, and Senior Associate Ceren Akkur Bayram. 

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