20th November 2024
Swissôtel The Bosphorus Istanbul
2023
WINNERS ANNOUNCED
400+
NOMINATIONS RECEIVED IN 2023
250+
HIGH-PROFILE INDUSTRY FIGURES

BONDS, LOANS & ESG CAPITAL MARKETS CEE, CIS & TÜRKİYE AWARDS 2024

20TH NOVEMBER | SWISSÔTEL THE BOSPHORUS ISTANBUL

"Recognising the most innovative & ground-breaking deals from CEE, CIS & Türkiye's capital markets"

Join the industry's most high-profile figures in celebrating!

Since 2014, the Bonds, Loans & ESG Capital Markets CEE, CIS & Türkiye Awards has been recognising the most innovative and ground-breaking deals from Sovereign, Corporate and Financial Institution issuers and borrowers.

The exhaustive selection process involves close examination of deal size, tenor, structure, and distribution; analysis and background of the borrower and their accessibility to financing; with extra credit for those deals demonstrating high quality execution, accessing new pools of liquidity, innovative structuring, and opening-up new markets.

Bringing together the industry’s most high-profile figures, the Bonds, Loans & ESG Capital Markets CEE, CIS & Türkiye Awards ceremony is an opportunity to raise the profile of the financial markets with the international investment community, and to inspire future issuance by CEE, CIS & Turkish companies.

ENQUIRIES: email Marketing@GFCMediaGroup.com

2023 AWARD WINNERS:

Sovereign, Supra & Agency Bond Deal of the Year

The Republic of Poland

  • EUR3.5bn Eurobond
  • Issued: February 2023; Matures: February 2033/February 2043
  • Bookrunner/JLMs: Commerzbank, Deutsche Bank, ING, Société Générale
  • Legal Adviser to the Issuer: Allen & Overy
  • Legal Adviser to the JLMs: Clifford & Chance

Quasi-Sovereign/GRE Bond Deal of the Year

Turk Eximbank

  • USD500m Eurobond
  • Issued: January 2023; Matures: January 2026
  • Bookrunner/JLMs: Standard Chartered, Emirates NBD Capital, SMBC, ING, MUFG, BBVA, Intesa Sanpaolo, Société Générale, Citi
  • Legal Adviser to the Issuer: Linklaters, Ozmen Yalcin
  • Legal Adviser to the JLMs: Allen & Overy, Gedik & Eraksoy

Corporate Debt Deal of the Year

CEZ, a.s.

  • EUR500m Private Placement
  • Issue/Settlement Date: December 2022; January 2023, February 2023; Matures: 27 January 2025 (2y); 22 December 2025 (3y); 27 January 2026 (3y); 22 December 2027 (5y); 27 January 2028 (5y)
  • Bookrunner/JLMs: Deutsche Bank, Erste Bank, RBI, Societe Generale
  • Legal Adviser to the JLMs: Dentons

Financial Institutions Bond Deal of the Year

OTP Bank Nyrt

  • EUR650m MREL-eligible Senior Preferred bonds
  • Issue Date: November 2022; Matures: March 2026, callable on 04 March 2025
  • Bookrunner/JLMs: Deutsche Bank, Este Group, J.P. Morgan, OTP Bank & UniCredit
  • Legal Adviser to the Issuer: Allen & Overy
  • Legal Adviser to the JLMs: Linklaters, Kinstellar

Syndicated Loan Deal of the Year

Ülker Biskuvi

  • EUR271.2m and USD35m Syndicated Loan
  • Issue Date: April 2023; Matures: April 2026
  • Bookrunner/JLMs: BofA Securities, JPMorgan, EBRD, Sharjah Islamic Bank, Emirates NBD Capital, Gulf Bank, Rabobank
  • Legal Adviser to the Issuer: Paksoy /Turkish Law – Morgan Lewis/English Law
  • Legal Adviser to the JLMs: White & Case

Local Currency Bond Deal of the Year

Enerjisa Enerji A.Ş.

  • TL3.1bn Bond
  • Issue Date: July 2023; Matures: July 2025
  • Bookrunner/JLMs: Ak Yatırım Menkul Değerler A.Ş.
  • Legal Adviser to the Issuer: Enerjisa Enerji A.Ş.
  • Legal Adviser to the JLMs: Ak Yatırım Menkul Değerler A.Ş.

Local Currency Loan Deal of the Year

Uludağ Elektrik Dağıtım A.Ş., Uluğ Enerji Dağıtım ve Perakende Satış Hizmetleri A.Ş., Uludağ Perakende Elektrik Satış A.Ş.

  • TL 4.898bn Loan

  • Matures: 2032
  • Bookrunner/JLMs: Türkiye Sınai Kalkınma Bankası A.Ş., Halkbank A.Ş., Türkiye Finans Katılım Bankası A.Ş., Denizbank A.Ş., Vakıfbank A.Ş., İş Bankası A.Ş., Garanti BBVA
  • Legal Adviser to the Issuer: Clifford Chance/Çiftçi Attorney Partnership
  • Legal Adviser to the JLMs: GKC/White & Case

ESG Bond Deal of the Year

MVM Zrt.

  • USD750m Green Bond
  • Issue Date: June 2023; Matures: 9 June 2028
  • Bookrunner/JLMs: Bank of China, ING, JPMorgan, BNP Paribas, Raiffeisen, Goldman Sachs, Intesa Sanpaolo
  • Legal Adviser to the Issuer: Allen & Overy
  • Legal Adviser to the JLMs: Clifford Chance

ESG Loan Deal of the Year

Eesti Energia AS

  • EUR600m, Sustainability-linked Syndicated Facility
  • Issue Date: February 2023; Matures: February 2028
  • Bookrunner/JLMs: Deutsche Bank
  • Legal Adviser to the Issuer: Clifford Chance
  • Legal Adviser to the JLMs: Dentons

Project Finance Deal of the Year

Gülermak (PPP Solutions Polska 2 sp. z o.o.)

  • PLN870m (Senior loans: PLN680m Senior Loans; PLN40m Mezzanine Loan; and PLN150m Equity), Loan including Senior and Mezzanine Loan Tranches
  • Issue Date: June 2023; Matures: June 2043
  • Bookrunner/JLMs: PFR, Bank Pekao, EBRD, EIB
  • Legal Adviser to the Issuer: JACEK KOSIŃSKI ADWOKACI I RADCOWIE PRAWNI
  • Legal Adviser to the JLMs: DLA Piper

Structured Finance Deal of the Year

Modern Karton Sanayi ve Tic. A.S.

  • EUR356m, Green Loan combining Euler Hermes and Sinosure Covered Facilities
  • Issue Date: May 2023; Matures: May 2035
  • Bookrunner/JLMs: ING Bank, DZ Bank
  • Legal Adviser to the Issuer: Bezen & Partners
  • Legal Adviser to the JLMs: Paksoy, Baker McKenzie

Infrastructure Finance Deal of the Year

Fraport TAV Antalya Yat. Yap. Ve İşl. A.Ş.

  • Deal Value: EUR 658m (added to original bridge loan of EUR 1.225bn closed in March 2022)
  • Deal Type: Bridge Loan and DFI Loan
  • Financial Close Date: September 2022 and March 2023
  • Matures: 24.03.2024
  • Bookrunner/JLMs: IFC, AIIB, EBRD, Barclays, İşbank, Akbank, TSKB, TKYB
  • Issuer/Borrower Legal Adviser: Çiftçi Attorney Partnership, Clifford Chance
  • Bookrunner/JLMs Legal Advisers: White & Case, GKC Partners

Power Finance Deal of the Year

Borusan EnBW Enerji Yatırımları A.Ş.

  • Borrower Name: Borusan EnBW Enerji Yatırımları ve Üretim A.Ş.
  • Deal Value: USD 600m
  • Deal Type: Reprofiling of Existing Loans and New Renewable Investment
  • Issue Date: April 2023
  • Matures: None
  • Bookrunner/JLMs: Akbank T.A.Ş., European Bank for Reconstruction and Development (EBRD), ICBC Turkey A.Ş., Türkiye Garanti Bankası A.Ş., Türkiye İş Bankası A.Ş., Türkiye Sınai ve Kalkınma Bankası A.Ş., Yapı ve Kredi Bankası A.Ş.
  • Issuer/Borrower Legal Adviser: White & Case – GKC Partners
  • Bookrunner/JLMs Legal Advisers: Allen & Overy – Gedik & Eraksoy

Transport Finance Deal of the Year

SunExpress – Güneş Ekspres Havacılık A.Ş.

  • USD17m ECA-guaranteed loan
  • Arranger: JPMorgan
  • Legal Adviser to the Issuer: SunExpress
  • Legal Adviser to the JLMs: Hogan Lovells - Dikici Law Office

Natural Resources Deal of the Year

Petkim Petrokimya Holding A.Ş.

  • USD300m, Private Placement
  • Issue Date: January 2023; Matures: January 2026
  • Bookrunner/JLMs: JPMorgan
  • Legal Adviser to the Issuer: Vinson and Elkins
  • Legal Adviser to the JLMs: Linklaters

ECA, DFI, IFI Deal of the Year

SASA Polyester Sanayi A.Ş.

  • EUR590m ECA-Covered Loan
  • Issue Date: August 2022
  • Bookrunner/JLMs: JPMorgan
  • Legal Adviser to the Issuer: White & Case, Göksu Safi Işık Attorney Partnership
  • Legal Adviser to the JLMs: Ergün Law Firm, Ashurst

Real Estate Finance Deal of the Year

Galatasaray Sportif Sınai ve Ticari Yatırımlar A.Ş.

  • TL1.08bn Loan
  • Issue Date: February 2023; Matures: August 2024
  • Bookrunner/JLMs: T.C. Ziraat Bankası A.Ş., DenizBank A.Ş.
  • Legal Adviser to the Issuer: ÖzmenYalçın
  • Legal Adviser to the JLMs: GKC Partners

International Equity Capital Markets Deal of the Year

Marti Technologies Inc.

  • Deal Value: USD 532m (approximate pro forma combined enterprise value)
  • Deal Type: Equity/IPO/SPAC
  • Issue Date: 11.07.2023
  • Bookrunner/JLMs: B Riley Financial, Inc.
  • Issuer/Borrower Legal Adviser: Latham & Watkins LLP; Esin Attorney Partnership
  • Bookrunner/JLMs Legal Advisers: Willkie Farr & Gallagher LLP; Verdi Law Firm

Local Equity Capital Markets Deal of the Year

Akfen Yenilenebilir Enerji A.Ş.

  • Deal Value: TL 3.34 bn
  • Deal Type: Equity Capital Markets
  • Issue Date: 16 March 2023 (First trading date)
  • Bookrunner/JLMs: Garanti Yatırım Menkul Kıymetler A.Ş.
  • Issuer/Borrower Legal Adviser: ÖzmenYalçın
  • Bookrunner/JLMs Legal Advisers: n/a

Islamic Capital Markets Deal of the Year

Turkcell Ödeme Hizmetleri A.Ş.

  • TL200,000,000 Sukuk
  • Issue Date: August 2023; Matures: November 2023
  • Bookrunner/JLMs: Halk Yatırım Menkul Değerler A.Ş.
  • Legal Adviser to the Issuer: UNSAL Attorney Partnership
  • Legal Adviser to the JLMs: Özok Law Office

Liability Management Deal of the Year

Hungary

  • USD1bn, Liability Management (Bond Buyback)
  • Issue Date: January 2023
  • Bookrunner/JLMs: Deutsche Bank, BNP Paribas, Citigroup, Goldman Sachs, JPMorgan
  • Legal Adviser to the Issuer: Arnold & Porter
  • Legal Adviser to the JLMs: Clifford Chance, Lakatos, Köves and Partners Law Firm

High Yield Debt Deal of the Year

Microfinance Organization OnlineKazFinance JSC

  • 20bn KZT Bond placement
  • Issue Date: June 2023; Matures: July 2025
  • Bookrunner/JLMs: Freedom Finance JSC, co-underwriter BCC Invest JSC
  • Financial consultant: BCC Invest JSC
  • Second Party Opinion: AIFC Green Finance Centre ltd.

Leveraged Finance Deal of the Year

Parla Enerji Yatırımları A.Ş.

  • USD250m Loan
  • Issue Date: December 2022; Matures: December 2025
  • Bookrunner/JLMs: Yapı ve Kredi Bankası A.Ş.
  • Legal Adviser to the Issuer: UNSAL Attorney Partnership
  • Legal Adviser to the JLMs: GKC Partners

Ground-breaking Deal of the Year

Ministry of Finance, Ukraine

  • Liability Management
  • Bookrunner/JLMs: JPMorgan
  • Issuer/Borrower Legal Adviser: White & Case
  • Bookrunner/JLMs Legal Advisers: Latham & Watkins

Debt Deal of the Year – Poland

Gülermak (PPP Solutions Polska 2 sp. z o.o.)

  • PLN870m (Senior loans: PLN680m Senior Loans; PLN40m Mezzanine Loan; and PLN150m Equity), Loan including Senior and Mezzanine Loan Tranches
  • Issue Date: June 2023; Matures: June 2043
  • Bookrunner/JLMs: PFR, Bank Pekao, EBRD, EIB
  • Legal Adviser to the Issuer: JACEK KOSIŃSKI ADWOKACI I RADCOWIE PRAWNI
  • Legal Adviser to the JLMs: DLA Piper

Debt Deal of the Year – Czech Republic

CEZ, a.s.

  • EUR500m Private Placement
  • Issue/Settlement Date: December 2022; January 2023, February 2023; Matures: 27 January 2025 (2y); 22 December 2025 (3y); 27 January 2026 (3y); 22 December 2027 (5y); 27 January 2028 (5y)
  • Bookrunner/JLMs: Deutsche Bank, Erste Bank, RBI, Societe Generale
  • Legal Adviser to the JLMs: Dentons

Debt Deal of the Year – Hungary

Hungary

  • USD4.25bn total, USD1.5bn (5-year), USD1.5bn (10-year), USD1.25bn (30-year), Bond and Liability Management
  • Issue Date: January 2023; Matures: 22 May 2028 (long 5-year), 22 September 2032 (short 10- year) and 25 September 2052 (short 30-year)
  • Bookrunner/JLMs: Deutsche Bank, BNP Paribas, Citigroup, Goldman Sachs Bank, JPMorgan
  • Legal Adviser to the Issuer: Arnold Porter
  • Legal Adviser to the JLMs: Clifford Chance, Lakatos, Köves and Partners Law Firm

Debt Deal of the Year – Slovenia

Republic of Slovenia

  • EUR1.5bn Bond
  • Issue Date: January 2023; Matures: March 2033, August 2045
  • Bookrunner/JLMs: Deutsche Bank
  • Legal Adviser to the Issuer: Linklaters, Odvetniki Vidmar, Ogrič in Pejovnik
  • Legal Adviser to the JLMs: Clifford Chance, Wolf Theiss

Debt Deal of the Year – Uzbekistan

Uzbekneftegaz Joint-Stock Company

  • USD250,000,000 Bilateral loan
  • Issue Date: November 2022; Matures: November 2025
  • Bookrunner/JLMs: Deutsche Bank
  • Legal Adviser to the JLMs: Ashurst

Debt Deal of the Year – Kazakhstan

Samruk-Kazyna Sovereign Wealth Fund, Almaty Power Plants JSC

  • KZT130,000,000,000 Loan
  • Issue Date: November 2022; Matures: November 2037
  • Bookrunner/JLMs: EBRD
  • Legal Adviser to the Issuer: ZanHub
  • Legal Adviser to the JLMs: Morgan Lewis

Debt Deal of the Year – Türkiye

Republic of Türkiye

  • USD2.5 billion Green Bond
  • Issue Date: April 2023; Matures: July 13th 2030
  • Bookrunner/JLMs: BofA Securities, Standard Chartered Bank, ING, JPMorgan
  • Legal Adviser to the Issuer: Arnold & Porter
  • Legal Adviser to the JLMs: Clifford Chance LLP

Debt (Bonds & Loans) House of the Year

JPMorgan

Sovereign, Supra, Agency Bond House of the Year

Deutsche Bank

Corporate Bond House of the Year

JPMorgan

Financial Institution Bond House of the Year

JPMorgan

Local Currency Debt House of the Year

TSKB

Loan House of the Year

Standard Chartered Bank

ESG Bond House of the Year

ING Bank

ESG Loan House of the Year

Emirates NBD Capital

Structured Finance House of the Year

Deutsche Bank

Project Finance Bank of the Year

Garanti BBVA

Equity Capital Markets House of the Year

QNB Finansinvest

Sukuk House of the Year

Emirates NBD Capital

Sovereign, Supra & Agency Treasury & Funding Team of the Year

Republic of Türkiye

Bank Treasury & Funding Team of the Year

AKbank

Corporate Treasury & Funding Team of the Year

TAV

Project Sponsor of the Year

TAV

Debt Capital Markets Legal Adviser of the Year

Clifford Chance

Banking & Finance Legal Adviser of the Year

Baker McKenzie LLP

Equity Capital Markets Legal Adviser of the Year

Dentons LLP

Best Investment Bank in Türkiye

DOĞAN INVESTMENT BANK

AWARD CATEGORIES

Deal of the Year Awards Awards for Excellence
Sovereign, Supra & Agency Bond Deal of the Year CEE, CIS & Türkiye Regional Investment Bank of the Year
Quasi-Sovereign/GRE Bond Deal of the Year Debt (Bonds & Loans) House of the Year
Corporate Debt Deal of the Year Sovereign, Supra, Agency Bond House of the Year
Financial Institutions Bond Deal of the Year Corporate Bond House of the Year
Syndicated Loan Deal of the Year Financial Institutions Bond House of the Year
Local Currency Bond Deal of the Year Local Currency Debt House of the Year
Local Currency Loan Deal of the Year Loan House of the Year
ESG Bond Deal of the Year ESG Bond House of the Year
ESG Loan Deal of the Year ESG Loan House of the Year
Project Finance Deal of the Year High Yield Debt House of the Year
Structured Finance Deal of the Year Leveraged Finance House of the Year
Infrastructure Finance Deal of the Year Structured Finance House of the Year
Power Finance Deal of the Year Project Finance House of the Year
Transport Finance Deal of the Year Equity Capital Markets House of the Year
Natural Resources Finance Deal of the Year Sukuk House of the Year
ECA, DFI, IFI Deal of the Year Sovereign, Supra & Agency Treasury & Funding Team of the Year
Real Estate Finance Deal of the Year Quasi-Sovereign/GRE Treasury & Funding Team of the Year
Acquisition Finance Deal of the Year Bank Treasury & Funding Team of the Year
Equity Capital Markets Deal of the Year Corporate Treasury & Funding Team of the Year
M&A Deal of the Year Project Sponsor of the Year
Islamic Capital Markets Deal of the Year Debt Capital Markets Legal Adviser of the Year
Liability Management Deal of the Year Banking & Finance Legal Adviser of the Year
High Yield Debt Deal of the Year Equity Capital Markets Legal Adviser of the Year
Leveraged Finance Deal of the Year Best Investment Bank in Poland
Ground-breaking Deal of the Year Best Investment Bank in Czech Republic
Debt Deal of the Year – Poland Best Investment Bank in Hungary
Debt Deal of the Year – Czech Republic Best Investment Bank in Romania
Debt Deal of the Year - Hungary Best Investment Bank in Slovenia
Debt Deal of the Year - Romania Best Investment Bank in Uzbekistan
Debt Deal of the Year - Slovenia Best Investment Bank in Kazakhstan
Debt Deal of the Year - Uzbekistan Best Investment Bank in Türkiye
Debt Deal of the Year – Kazakhstan
Debt Deal of the Year – Türkiye

2023 HIGHLIGHTS VIDEO:

2023 PHOTO GALLERY:

ACCOMODATION:

We have managed to negotiated a discounted rate at the Swissôtel The Bosphorus Istanbul. The discounted rates are available on the following dates: 18th November and 19th November 2024 (inclusive)

Please complete the booking form and return to info@earthligharavel.com and Katie.Evans@gfcmediagroup.com

If you have any questions please contact Katie Evans (Katie.Evans@gfcmediagroup.com)


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