20th February 2020
Shangri-La Bosphorus, Istanbul

Project Finance Deal of the Year


Aydem DisCo, Aydem RetCo/ Bereket Energy Group
$677mn
19 July 2019
Amortizing Restructuring Loan due in 19 July 2031
Joint-Lead Managers (JLMs) / Bookrunners:
Yapi Kredi Bank
Financial Advisor:

Lydus Partners & Co
Legal Adviser to the Issuer:
Unsal Attorney Partnership
Legal Adviser to the JLMs:
GKC Partners


Unifree Duty Free Anonim Şirketi ∙ THIRD AIRPORT PROJECT
EUR 125.000.000
September 2018
Financial Advisor:
Unlu Menkul Degerler A.S
Lender:
Vakıf Bank A.Ş
Legal Adviser to the Issuer:
Goksu Safi Isik
Verdi Law Firm
Legal Adviser to the JLMs:
Aytemiz Law Firm


GURMAT ELEKTRİK ÜRETİM A.Ş
USD 350 million
26.07.2019
Financing of Efe 6, Efe 7 and Efe 8 GPP Projects (97.5 MW) due in 3 January 2031
Joint-Lead Managers (JLMs) / Bookrunners:
Security Agent:
Turkiye Is Bankasi
Lender:
TSKB
EBRD
ICBC
AIIB
Legal Adviser to the Issuer:
Gedik Eraksoy
Allen Overy
Legal Adviser to the JLMs:
Ozok Law Firm


North Marmara Motorway
USD 4.5 billion (approx.)
2019
Legal Adviser to the Issuer:
Verdi Law Firm
Clifford Chance
Legal Adviser to the JLMs:
Goksu Safi Isik
White and Case


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


Akfen Yenilenebilir Enerji A.Ş.
US$ 125 million
October 2018
Joint-Lead Managers (JLMs) / Bookrunners:
EBRD
Legal Adviser to the Issuer:
Latham & Watkins
ASC Law Firm


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


EMBA Elektrik / Shangai Electric Power, Avic
USD 1.381.000.000
29.03.2019
Senior Secured Amortizing Term Loan due in 29 March 2034
Joint-Lead Managers (JLMs) / Bookrunners:
China Development Bank
Bank of China
ICBC
Legal Advisers:
Pekin & Pekin
King&Wood Mallesons


RAMAT NEGEV ENERGY LTD, ASHDOD ENERGY LTD, subsidiaries of EZOTECH ELECTRIC LTD
ILS 113,000,000 (USD 32,000,000)
7 March 2019
Financing of the development of the Ashdod Energy Project and the Ramat Energy Project due in 30 September 2034 / 31 December 2034
Joint-Lead Managers (JLMs) / Bookrunners:
MIZRAHI TEFAHOT BANK LTD
MIZRAHI TEFAHOT TRUST COMPANY LTD
Legal Advisors:
Baker McKenzie
Esin Attorney Partnership