March 3, 2017
Balcıoğlu Selçuk Akman Keki Attorney Partnership (BASEAK) advised the Borrower Crescent Capital on a US$ 95 mio multi-tranche (senior and mezzanine) conventional and murabaha term facility for the acquisition and operation of Çanakçı and Akocak Hydroelectric Power Plants due in June 2030.
The deal won the M&A/Acquisition Finance Deal of the Year Award, which was given by Bonds & Loans Turkey every year to the most innovative transaction in terms of structure and complexity. Garanti Bankası and QInvest were the mandated lead arrangers in the deal. The Award ceremony took place at the Shangri-la Hotel Hotel in Istanbul on 22 February 2017.
BASEAK team, led by the Managing Partner and the Head of Banking and Finance Practice Barlas Balcıoğlu, included partners Günhan Yalçın and Doğan Eymirlioğlu, Counsel Ceren Su and associates Selahattin Kaya and Cemre Demirkaya.
About Balcıoğlu Selçuk Akman Keki
Balcıoğlu Selçuk Akman Keki Attorney Partnership is an Istanbul-based full service law firm with a team of 75-plus lawyers and economists. Our practice focuses on a wide range of areas including real estate, corporate, mergers and acquisitions, banking, project finance, capital markets, competition and anti-trust, employment, litigation and arbitration, telecommunication, regulatory and public law and intellectual property. We represent and advise Turkish and multinational clients, including Fortune 500 companies, in the banking and finance, private equity, real estate, manufacturing, hospitality and leisure, retail, automotive, energy, information technology, life sciences, luxury fashion and beauty, and media sectors.