20th February 2020
Shangri-La Bosphorus, Istanbul

Structured Loan Deal of the Year


Doğuş Enerji Üretim A.Ş./ Doğuş Holding
$434 mn
16.06.2019
Restructuring Loan due in March 2021
Joint-Lead Managers (JLMs) / Bookrunners:
Garanti Bank
Is Bank
Yapi Kredi Bank
Vakifbank
Legal Advisor:
Selvi & Ertekin


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


Levent Yapılandırma Yönetimi A.Ş.
USD 3.500 million
21.12.2018
The transaction has been completed on 21.12.2018 upon the transfer of the shares representing 55% of Türk Telekom's issued share capital to Levent Yapılandırma Yönetimi A.Ş due in 31.12.2019 (final maturity may be extended up to 4 years)
Joint-Lead Managers (JLMs) / Bookrunners:
30 Financial Instutions including Türkiye İş Bankasi A.Ş., Garanti Bankası A.Ş., Akbank T.A.Ş.
Legal Advisors:
Allen Overy
Gedik Eraksoy
Legal Adviser to the Sponsors (Saudi Telecom Company):
Esin Attorney Partnership


Türkiye Halk Bankası A.Ş.
900m Euro
April 2019
The first Tier 1 transaction in Turkish market in loan format due in 5 years
Joint-Lead Managers (JLMs) / Bookrunners:
Turkey Sovereign Wealth Fund
Legal Adviser to the Issuer:
Akol Law Firm
Legal Adviser to the JLMs:
Paksoy


Dogus Holding (%34), Dogan Holding (%33), Unit Investment NV(%33)
$632mn
26 June 2019
Amortizing Restructuring Loan due in 30 December 2025
Joint-Lead Managers (JLMs) / Bookrunners:
Garanti Bank
Is Bank
TSKB
Yapi Kredi Bank
Akbank
Legal Advisor:
GKC Partner


GDZ Enerji Yatırımları A.Ş./ GDZ Elektrik Dağıtım A.Ş./Gediz Elektrik Perakende Satış A.Ş.
USD 1,235,000,000 + TRY 806,000,000
19 July 2019
Syndicated refinancing deal due in 24 July 2031
Joint-Lead Managers (JLMs) / Bookrunners:
Garanti Bank
Is Bank
Yapi Kredi Bank
Vakifbank
TSKB
Financial Advisor:

Lydus Partners & Co
Legal Adviser to the Issuer:

Unsal Attorney Partnership
Legal Adviser to the JLMs:

GKC Partners


Karpower International B.V.
USD 165 million
09.08.2019
Senior secured amortizing term loan due in October 2021
Joint-Lead Managers (JLMs) / Bookrunners:
Bank of America
ICBC Turkey Bank A.Ş
Roehampton Partners
Gramercy
PGGM
İşbank
TCA Investment
CFE SA
Federated Fund
Legal Adviser to the Lender:

Clifford Chance
Yegin Ciftci Attorney Partnership
Legal Adviser to the JLMs:

Dentons


MLP Sağlık Hizmetleri A.Ş.
500 mnTL (88 mn$)
2 August 2019
Amortizing Loan for new Acquisitions and Capex due in 2 August 2025
Joint-Lead Managers (JLMs) / Bookrunners:
Garanti Bank, Is Bank, Denizbank, ING
Legal Adviser to the Issuer:
Esin Attorney Partnership
Legal Adviser to the JLMs:
Verdi Law Firm


Pegasus Airlines
EUR 117.674.801,69 (USD eqv 131.509.875,00)
29.05.2019 /12.07.2019 /31.07.2019
Mortgage style / Quarterly payments due in 29.05.2031/ 12.07.2031 /31.07.2031
Joint-Lead Managers (JLMs) / Bookrunners:
Société Générale (as Lender)
Balthazar Insurers:
SCOR | Channel AXA XL Liberty Specialty Markets
Balthazar Insurance Broker:
Marsh France
Legal Adviser to the Issuer:
Holland & Knight LLP
Legal Adviser to the JLMs:
Norton Rose Fulbright
Dikici Law Office


SOCAR Turkey Enerji A.Ş.
600 mnTL LT & 50 mnTL ST (Total 115 mn$)
14 June 2019
Amortizing structure due in 14 June 2027
Joint-Lead Managers (JLMs) / Bookrunners:
Garanti Bankasi
Is Bankasi
Legal Adviser to the Issuer:
Unsal Law Firm
Legal Adviser to the JLMs:
GKC Partner


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


Acıbadem Sağlık Yatırımları Holding A.Ş.
EUR 53,223,000 and EUR 106,446,500 and USD 62,500,000 (USD 245,000,000)
12 April 2019
Major structuring as a result of which two separate loans were simultaneously transferred to, repaid by, the shareholder in return for new shares issued by the borrower.
Joint-Lead Managers (JLMs) / Bookrunners:
BNP Paribas Fortis SA/NV
Credit Suisse AG
Legal Adviser to the Issuer:
Dentons
Legal Adviser to the JLMs:
Baker McKenzie
Esin Attorney Partnership


Turkish Airlines/ Turkish Airlines ∙ BALTHAZAR Guaranteed French Tax Lease
EUR 200mn USD eq 220 mn
February-August 2019
3-month EURIBOR + 1.00
Fully amortising loan / French t ax leverage due in February August 2031
Joint-Lead Managers (JLMs) / Bookrunners:
BNP Paribas
Legal Adviser to the Issuer:
Clyde & Co LLP
Legal Adviser to the JLMs:
Norton Rose Fulbright LLP