CCAO, working with Linklaters, has advised J.P. Morgan Securities on a USD 140 million loan to Petlim Limancilik. Vinson & Elkins reportedly advised Petlim Limancilik.
According to CCAO, the loan covered a USD 140 million facility agreement with a maturity of three years, under the guarantee of Petkim Petrokimya Holding, for the refinancing of the facility utilized as per the facility agreement over an amount of USD 200 million with Petlim Limancilik as the borrower.
Petlim Limancilik is a subsidiary of Petkim Petrokimya Holding.
The CCAO team included Partner Candemir Baltali, Senior Associate Onur Gorkem Koksal, and Associate Can Demirkan.
