20th February 2020
Shangri-La Bosphorus, Istanbul

Infrastructure Finance Deal of the Year


North Marmara Motorway
USD 4.5 billion (approx.)
Amortizing Loan due in 15 May 2028 NMM Asia & 15 May 2029 NMM Europe
Joint-Lead Managers (JLMs) / Bookrunners:
Garanti
Finansbank
Is Bank
Vakifbank
Ziraat Bank
Halk Bank
ICBC
Bank of China
Kuveyt Türk
Albaraka Turk
Legal Adviser to the Issuer:
Verdi Law Firm
Clifford Chance
Legal Adviser to the JLMs:
Goksu Safi Isik
White and Case


Istanbul Metropolitan Municipality
EUR 77.5 million
August 2019
Due in 2026
Joint-Lead Managers (JLMs) / Bookrunners:
EBRD
Black Sea Trade and Development Bank
Legal Adviser to the JLMs:
Bezen & Partners


SUEZ Çanakkale RR Atık Hizmetleri A.
TL57.5m (appx. USD10m)
June 2019
10-year TRY Financing with TRLIBOR benchmark due in 2030
Joint-Lead Managers (JLMs) / Bookrunners:
EBRD
Legal Adviser to the Issuer:
Bezen and Partner
Reed Smith LLP
Legal Adviser to the JLMs:
Baker McKenzie
Kolcuoglu Demirkan Kocakli


Ceyport Tekirdağ Uluslararası Liman İşletmeciliği A.Ş
TL 347.100.000
24 December 2018
A tailor-made structure with cash and non-cash facilities for Privatization of Tekirdağ Port due in Cash: 7 years with a 3,5-year grace period // Non-Cash: Open Ended
Joint-Lead Managers (JLMs) / Bookrunners:
ICBC Turkey
Legal Advisor:
Ergun Law Office


Osmangazi Elektrik Dagitim AS (“OEDAS”)
USD 320 million
Joint-Lead Managers (JLMs) / Bookrunners:
EBRD
IFC
FMO
Denizbank
Legal Adviser to the Issuer:
White & Case
GKC Partners
Legal Adviser to the JLMs:
Paksoy


Turkcell İletişim Hizmetleri A.Ş.
EUR 50,000,000 (USD 56,000,000)
7 May 2019
EURIBOR + 1.95%
This is the very first and only sustainable finance loan transaction in Turkey due in 14 May 2023
Joint-Lead Managers (JLMs) / Bookrunners:
BNP Paribas Fortis SA/NV
Legal Adviser to the Issuer:
Ünsal Avukatlık Ortaklığı
Legal Adviser to the JLMs:
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) 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


Arkas Holding & Duisburger Hafen AG
USD 60.000.000
9 June 2019
Senior Secured Amortizing Term Loan due in 20 June 2031
Joint-Lead Managers (JLMs) / Bookrunners:
EBRD
ICBC
Legal Advisors:
Bird & Bird Law Firm
Paksoy