20th February 2020
Shangri-La Bosphorus, Istanbul

ECA Finance Deal of the Year


Kastamonu Entegre Ağaç San.Tic. A.Ş
EUR 20,600,000 (USD 23,000,000)
19 October 2019
EURIBOR + 0.65%
Kastamonu Entegre Ağaç San.Tic. A.Ş. in relation to an ECA (Oesterreichische Kontrollbank Aktiengesellschaft (OeKB)) backed EUR 20.6 million term loan facility due in 16 July 2029
Joint-Lead Managers (JLMs) / Bookrunners:
Bayerische Landesbank
Legal Adviser to the Issuer
Baker McKenzie
Esin Attorney Partnership


Istanbul Metropolitan Municipality
EUR 100,000,000 (USD 120,000,000)
16 July 2019
EURIBOR + 3.4%
Maturity Date: 16 July 2026
Joint-Lead Managers (JLMs) / Bookrunners:
Société Générale
Legal Adviser to the Issuer:
Baker McKenzie
Esin Attorney Partnership


Turkcell İletişim Hizmetleri A.Ş.
USD 150,000,000
25 February 2019
Libor + 0.58% (Tranche 1) and 3.84% fixed (Tranche 2-3)
Three equal tranches of USD 50million covers Turkcell’s purchases i) before 2019 ii) in 2019-20 and iii) in 2020-21 from Ericsson due in 25 February 2029 – 2030 – 2031
Joint-Lead Managers (JLMs) / Bookrunners:
JPMorgan Chase Bank, N.A
AB Svensk Exportkredit.
Guarantee:
EKN (Exportkreditnämnden)
Legal Adviser to the Issuer:
Ünsal Avukatlık Ortaklığı
Legal Adviser to the JLMs:
Baker McKenzie
Esin Attorney Partnership


Nokta Yatırım Holding A.Ş./Yılsan Yatırım Holding A.Ş./Karayel Elektrik Üretim A.Ş
75 mn USD
September 2019
75 MW WPP Amortizing Structure finance due in 2029
Joint-Lead Managers (JLMs) / Bookrunners:
TSKB
Hermes
Legal Advisor:
Akol Law


Turkish Airlines ∙ SACE Guaranteed French Tax Lease
EUR 230mn USD eq. 250 mn
November 2018
3-month EURIBOR + 0.70%
Fully amortising loan / French Tax Leverage due in November 2030
Joint-Lead Managers (JLMs) / Bookrunners:
Crédit Industriel et Commercial
UniCredit Bank Austria AG
Legal Adviser to the Issuer:
Clyde & Co LLP
Legal Adviser to the JLMs:
Norton Rose Fulbright LLP

Lila Kağıt Sanayi ve Ticaret A.S. (Lila)
EUR 21,728,906
20th August 2019
EKN BackedSEK fundedECA Financing due in 11 March 2026
Joint-Lead Managers (JLMs) / Bookrunners:

HSBC Bank MiddleEast Ltd.
Legal Adviser to the Issuer:

Paksoy
Legal Adviser to the JLMs:

Allen& Overy


SASA PolysterSanayi A.S. (SASA)

EUR 232,400,000
25 March 2019
1+11-year EUR 232.4m ECA Loan withsemi-annualpayments
HermesBackedECA financing due in 25 March 2031
Joint-Lead Managers (JLMs) / Bookrunners:

HSBC Bank MiddleEast Ltd.
Legal Adviser to the Issuer:

Paksoy
Legal Adviser to the JLMs:

Holman Fenwick Willan