White & Case and its Turkish affiliate GKC Partners have advised the joint bookrunners on the debut Rule 144A/Reg S green bond issuance by Limak Yenilenebilir Enerji.
According to White & Case, the issuance comprises an initial USD 450 million offering followed by a USD 75 million tap issuance, consolidated into a single series. The notes, issued under Turkish law, are senior amortizing obligations due 2030 and are listed on the Official List of The International Stock Exchange.
The joint bookrunners included Emirates NBD Capital, J.P. Morgan Securities, and Bofa Securities on the initial offering, with Bofa Securities handling the tap issuance.
The GKC Partners team included Partner Ates Turnaoglu, Counsel Derin Altan, and Associates Kaan Alkan, Sehriban Unlu, and Muhammed Asula.