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

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

Turkey
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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.