Lenders collectively provided US$404.5 million and €738.3 million Syndicated Dual Currency Term Loan Facilities to Akbank T.A.Ş.
Balcıoğlu Selçuk Akman Keki Attorney Partnership (“BASEAK”) team, led by Managing Partner Barlas Balcıoğlu and Partner Günhan Yalçın, successfully advised the finance parties including but not limited to Bank of America Merrill Lynch International Limited, Emirates NBD Capital Limited and ICBC Turkey Yatirim Menkul Degerler A.S. on the transaction. Bank of America Merrill Lynch International Limited also acted as the Documentation Agent.
Lenders collectively provided US$404.5 million and €738.3 million Syndicated Dual Currency Term Loan Facilities to Akbank T.A.Ş. and our work included advising on the facility agreement from a Turkish law perspective and issuing an enforceability and validity legal opinion.
BASEAK team included Managing Partner Barlas Balcıoğlu, Partner Günhan Yalçın and Associates Ceyda Aydın and Cemre Demirkaya.
Balcıoğlu Selçuk Eymirlioğlu Ardıyok Keki Attorney Partnership is an Istanbul-based full-service law firm led by almost 100 experienced professionals since 2007, each well equipped to provide creative and diligent transaction counselling and cutting-edge legal services. We advise national and multinational clients, including Fortune 500 companies on corporate and M&A, banking and finance, capital markets, competition and antitrust, public policy and regulation, employment and labor, project finance, real estate and construction, infrastructure and PPPs, franchising and distribution, trade, WTO and customs, intellectual property, data and technology, data protection, privacy and cybersecurity, arbitration, litigation and dispute resolution, and tax matters.
heading