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Baker McKenzie Advises Lenders on Yapi Kredi's Multicurrency and Dual Tranche Syndicated Term Loan Facilities

Baker McKenzie Advises Lenders on Yapi Kredi's Multicurrency and Dual Tranche Syndicated Term Loan Facilities

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The Esin Attorney Partnership and Baker McKenzie's Paris and Frankfurt offices have advised the lenders in relation to USD 306,000,000 and EUR 956,500,000 Dual Currency Term Loan Facilities provided to Yapi ve Kredi Bankasi A.S.

Mizuho Bank, Ltd. acted as agent, Standard Chartered Bank acted as documentation agent, Industrial and Commercial Bank of China and Standard Chartered Bank acted as joint coordinators, with 20 international banks acting as mandated lead arrangers and three international banks acting as lead arrangers. The lenders included 48 international banks from 19 countries.

Highlighting the high number of participating lenders and the successful completion, Esin Attorney Partnership Partner Muhsin Keskin stated "the high interest of participating banks for this transaction shows the continuing confidence of international investor in the Turkish banking sector."

This Esin Attorney Partnership team included Partner Muhsin Keskin and Associates Berk Cin and Yasemin Guckan. The Baker McKenzie team was led by Paris-based Partner Michael Foundethakis and Frankfurt-based Partner Kathrin Marchant.