30
Fri, Jul
45 New Articles

Clifford Chance, Ciftci Attorney Partnership, Allen & Overy, and Gedik & Eraksoy Advise on Arcelik's Green Bond Offering

Clifford Chance, Ciftci Attorney Partnership, Allen & Overy, and Gedik & Eraksoy Advise on Arcelik's Green Bond Offering

Turkey
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Clifford Chance and Ciftci Attorney Partnership have advised Arcelik A.S. on its offering of EUR 350 million in 3.0% Green Bonds due 2026 on the Euronext Dublin Stock Exchange. Gedik & Eraksoy and Allen & Overy advised joint lead managers JP Morgan Securities plc, Merrill Lynch International, and MUFG Securities EMEA plc.

Arcelik is a producer of home appliances with manufacturing facilities in Turkey, Romania, Russia, China, South Africa, Thailand, and Pakistan. The company employs around 30,000 people and provides goods and services in 145 countries.

According to Clifford Chance, Arcelik aims to use the capital raised "to finance its Eligible Green Projects, including its energy-efficient, eco-efficient, and circular economy adapted products and the promotion of energy efficiency in production. In addition, the proceeds will fund the company’s sustainable water and wastewater management, pollution prevention control, renewable energy, and green buildings initiatives."

The Clifford Chance team included London-based Partner Matt Fairclough, Senior Associate Jeffery Hung, and Associate Farah Rohaizat. Ciftci Attorney Partnership’s team consisted of Partner Sait Eryilmaz and Associates Basar Kırka and Alican Altiparmak.

The A&O team included Partners Jonathan Melton and Sachin Dave, Counsel Stephanie Dee, Senior Associate Andrew Enga, and Associate Shantanu Dey. Gedik & Eraksoy’s team was led by Partner Umut Gurgey, assisted by Senior Associate Dilsah Gurses, and Associate Burak Ozsoy.

Turkey Knowledge Partner

NAZALI offers a broad range of services in the fields of Tax, Audit, Corporate and Commercial Law, Mergers & Acquisitions, Corporate Finance, Banking, Finance and Capital Markets, Protective Legal Services and Dispute Resolution, Personal Data Protection and Privacy, Social Security and Labor Law, Occupational Health and Safety, Competition Law, Intellectual Property Law and R&D, Compliance and White-Collar Crimes, Administrative Law, Real Estate Law, Customs and Foreign Trade, Accounting and Payroll, Financial Incentives and Advisory Services and Public Administration and Compliance through its partners, associates and consultants of different seniorities who have both public and private sector experience.

What sets NAZALI apart from others is that NAZALI offers a truly comprehensive service to its clients with experts from different disciplines working collaboratively as a team under one roof enabling us to evaluate all dimensions of legal matters together with financial and technical matters.

The services that NAZALI provides to its clients include the most appropriate solution with the support of technical departments specialized in their fields. In this context, NAZALI associates are supported by NAZALI technical team and work alongside the experts in the fields of finance, social security and customs matters. NAZALI has set out with the aim of providing the most efficient and comprehensive solution for its clients by adapting to the developing conditions and happily gained the trust of its clients by never compromising the quality of service.

As conditions continuously evolve, NAZALI always aims to further itself remaining true to its motto “GROW WITH KNOWLEDGE” and has set out with the aim of providing the most efficient and comprehensive solution for its clients by adapting to the developing conditions and happily gained the trust of its clients by never compromising the quality of service.

Firm's website: http://www.nazali.com

Our Latest Issue