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Paksoy Advises Erciyas Celik Boru on TRY 300 Million Inaugural Sukuk Issuance

Paksoy Advises Erciyas Celik Boru on TRY 300 Million Inaugural Sukuk Issuance

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Paksoy has advised high-pressure steel pipe manufacturer Erciyas Celik Boru on its TRY 300 million inaugural issuance of Islamic bond certificates.

According to the firm, Erciyas is a leading industrial enterprise in Turkey, and the flagship company of Erciyas Holding. It is a manufacturer and supplier of high-pressure steel pipes for gas and oil pipeline projects in various countries, including Europe, the US, and Canada.

The Paksoy team was led by Partner Sera Somay and included Senior Associate Merve Kurdak and Associate Bengisu Yilmaz.