Unprecedented challenges persist in today's capital markets. Significant regulatory uncertainty and market volatility linger, and there are fewer deals. Underwriters, issuers and investors alike require a trusted advisor with a forward-thinking vision—one who sees the value of investing today to maintain capabilities and market share.
From helping to develop new best practices to sharing the risk of a deal that doesn’t close, BASEAK leverages an agile approach to adapt in a changing landscape.
Through strong relationships with regulatory and exchange bodies, our lawyers work with you to navigate requirements. We advise global and domestic banks, insurance companies, securities dealers, shareholders and venture capitalists, as well as private equity.
Our capital markets lawyers have experience in:
Capital markets regulatory compliance
Debt capital markets
Derivatives and structured products
Equity capital markets
Residential mortgage purchase and sale
Residential repo and finance
October 24, 2017
March 29, 2017
Following the recent changes in the Listing Directive of Borsa Istanbul in September, the regulator introduced further amendments on 20 October (“New Amendments”). Notable amendments include an exception to equity to capital ratio for Group II companies listed in Star market and the introduction of a watchlist market for debt instruments. Read more
February 21, 2017
The Capital Markets Board of Turkey further amended the Communiqué on Real Estate Certificates on 7 March 2017, which was initially enacted on 5 July 2013 and which introduced real estate certificates, a new type of investment instrument intended to help finance real estate development projects. Read more
The Capital Markets Board (“CMB”) amended the Communiqué on Debt Instruments (II-31.1) (“Debt Instruments Communiqué”) on 18 February 2017 via an amendment Communiqué published in the Official Gazette (“Amendment Communiqué”). Amendments introduced by the Amendment Communiqué are mostly in favor of issuers, such as reduced procedures for overseas issuances, ability for the issuer to buyback issued bonds, abandonment of the early redemption plan requirement and reduction in board fees. Read more
News and Events
Recent Press Releases
February 28, 2018
November 28, 2017
The deal BASEAK and Dentons provided legal advice on for Coca-Cola İçecek Anonim Şirketi (CCI) received the International Bond Deal of the Year Award at the Bonds & Loans Turkey 2018 Awards for being the most innovative transaction in terms of structure and complexity. Read more
September 26, 2017
Recently, two major capital markets events took place in Istanbul in the same week: the Turkish Capital Markets Summit and Bonds, Loans & Sukuk Turkey 2017 Conference.
BASEAK partners joined both of these very well attended events, where many interesting topics were discussed on a number of panels. Read more
Balcıoğlu Selçuk Akman Keki Avukatlık Ortaklığı (“BASEAK”) and Dentons advised Coca-Cola İçecek Anonim Şirketi (“CCI”), the Coca-Cola bottler for Turkey, Central Asia, Pakistan and the Middle East, on its Rule 144A/Regulation S issuance of US$500 million 4.215% Notes due 2024. CCI is the first Turkish corporate issuer Eurobond market in 2017, and last issued in 2013. Read more