20th February 2020
Shangri-La Bosphorus, Istanbul

Transport Finance Deal of the Year

Istanbul Metropolitan Municipality
EUR 175.000.000– USD 193.835.000
27 August 2019
Construction of the Umraniye-Atasehir-Goztepe metro line. A/B loan structure in the municipal market due in 2026
Joint-Lead Managers (JLMs) / Bookrunners:
N/A
Legal Adviser to the Issuer:
Bezen & Partner


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


Istanbul Metropolitan Municipality
EUR 97.5 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

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


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


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