DLA Piper has advised Ziraat Bank in its successful debut issuance of USD 750 million 4.250 notes due 2019 under the bank's Medium Term Note (MTN) program.
The firm had also advised the bank — Turkey's largest bank by deposits and number of branches — on the establishment of the program in May 2014. Allen & Overy advised Bank of America Merrill Lynch, Citigroup, Deutsche Bank, HSBC, and JP Morgan as Joint Lead Managers.
The DLA Piper team that advised Ziraat Bank on matters of both US and English law was led by Partner George Barboutis, the Head of US securities for EMEA, and included Senior Associate Alexander Kolmakov and Associate Elizabeth Clare from the firm's London office. The team advising Ziraat Bank on matters of Turkish law at YKK — the Turkish arm of DLA Piper — was led by Partner Ekin Gokkilic, and included Associate Ceren Berispek.
The Allen & Overy team advising the Joint Lead Managers was led by Partners Sachin Dave and Jonathan Melton, with support from Counsel Thomas Wilson, Associates May Chiu, Alana McCurley, and Jiah Ham.