CCAO, working with Linklaters, has advised J.P. Morgan Securities on a USD 400 million loan to Petkim Petrokimya Holding. Vinson & Elkins reportedly advised Petkim Petrokimya Holding.
CCAO and Tunc Firat Dereli Advise on USD 95 Million Syndicated Loan to Tekfen Holding
CCAO has advised Yapi Kredi, Akbank, Aktif Bank, and Alternatif Bank on a USD 95 million syndicated loan for Tekfen Holding. Tunc Firat Dereli advised Tekfen Holding.
Ozlem Gelbal Uluisik Becomes General Manager at Legal Department of Zorlu Holding
Ozlem Gelbal Uluisik has become the new General Manager of the Legal Department at Zorlu Holding.
Gokhan Okan Joins Ergun as Partner
Former Cakmak Attorney Partnership Partner Gokhan Okan has joined Ergun as a Partner.
Gulce Saydam Pehlivan Makes Partner at Paksoy
Paksoy has promoted former Counsel Gulce Saydam Pehlivan to Partner.
Irmak Yensel Nergiz Makes Partner at Ergun
Ergun has promoted former Senior Associate Irmak Yensel Nergiz to Partner.
Dentons and KST Law Advise on Agave Games' USD 18 Million Series A
Dentons and its Turkish affiliate Balcioglu Selcuk Ardiyok Keki have advised Agave Games on its USD 18 million Series A funding round. Kinstellar Turkish affiliate KST Law and Mariott Harrison advised Felix Capital and Balderton Capital who co-led the round.
IPOs Going Strong in Turkiye: Economic Growth or a Misleading Indicator?
Turkiye has recently witnessed a surge in initial public offerings. White & Case affiliate law firm GKC Partners’ Head of Capital Markets Practice Derin Altan and Kolcuoglu Demirkan Kocakli Partner Hasan Yasar explore this phenomenon and what it means for the wider market conditions.
A Balancing Act: From EU Discontent to BRICS Aspirations
In September 2024, Turkiye applied for membership in the BRICS bloc of developing economies. ADMD Law Office Managing Partner Orhan Yavuz Mavioglu and Bicak Law Firm Founding Partner Vahit Bicak explore the key political, economic, and legal motivations behind Turkiye’s move.
Know Your Lawyer: Emre Atayilmaz of AECO Law
An in-depth look at Emre Atayilmaz of AECO Law covering his career path, education, and top projects as a lawyer as well as a few insights about him as a manager at work and as a person outside the office.
Turkiye: Recent Tax Developments – Moving Toward a Stringent Tax Regime for Transfer of Immovables
Turkiye has witnessed significant tax developments in recent months, including amendments in real estate-related taxation. These changes primarily arise from the need to address budgetary concerns in the current economic climate, which has led to the repeal of certain frequently utilized tax exemption provisions. This article provides an overview of these developments and their implications for taxpayers or investors whose business structures include real estate in Turkiye.
GKC Partners and Clifford Chance Advise on Ankara Esenboga Airport EUR 342 Million Financing
White & Case's Turkish affiliate law firm GKC Partners has advised Turkiye Is Bankasi and TSKB on EUR 342 million financing for the Ankara Esenboga airport. Clifford Chance advised TAV Airports as the borrower.
Kolcuoglu Demirkan Kocakli and Herguner Advise on Volt Motor's Sale to WEG
Kolcuoglu Demirkan Kocakli has advised Volt Motor and its individual shareholders on the sale of the company to WEG. Herguner advised WEG.
Redcliffe Partners and CMS Advise on EBRD and IFC's USD 435 Million Financing for Lifecell and Datagroup-Volia Merger
Redcliffe Partners, working with Clifford Chance and George Yiangou, has advised the European Bank for Reconstruction and Development and the International Finance Corporation on the USD 435 million financing for the merger of Lifecell Group and the Datagroup-Volia Group (reported on by CEE Legal Matters on September 17, 2024). CMS, working with Chrysostomides, advised the borrowers.
Sinan Diniz Joins KST Law as Partner
Former Baker McKenzie affiliate law firm Esin Attorney Partnership Co-Head of the Competition Practice Sinan Diniz has joined KST Law as a Partner.
A&O Shearman and Gedik & Eraksoy Advise on Garanti BVA's USD 750 Million Notes Issuance
A&O Shearman and its Turkish affiliate law firm Gedik & Eraksoy have advised the joint bookrunners of Garanti BVA's USD 750 million fixed rate resettable tier 2 notes and the dealer managers on the tender for the USD 750 million nominal value of the tier 2 bond issued in 2017.
Pekin Bayar Mizrahi Advises Renewable Energy Systems on Sale of Esref Enerji Uretim to Metgun Enerji
Norton Rose Fulbright's Turkish affiliate Pekin Bayar Mizrahi has advised Renewable Energy Systems Limited and its Turkish subsidiary RES Anatolia Holding on the sale of Esref Enerji Uretim to Metgun Enerji. Sole practitioner Sinem Demiray Gunesol advised Metgun Enerji.
GKC Partners and Unsal Attorney Partnership Advise on Gdz Elektrik's USD 400 Million Issuance
White & Case's Turkish affiliate law firm GKC Partners has advised joint bookrunners Citi Global Markets Limited and Morgan Stanley on Gdz Elektrik's Rule 144A/Reg S USD 400 million issuance. Unsal Attorney Partnership advised Gdz Elektrik.