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Egemenoglu Advises DRD Fleet Leasing on Debt Restructuring

Egemenoglu Advises DRD Fleet Leasing on Debt Restructuring

Turkey
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Egemenoglu has advised DRD Fleet Leasing regarding its debt restructuring negotiations with 45 financial institutions as creditors including Credit Europe Bank, Abraaj Group, and ICD. Negotiations resulted in the restructuring of 97% of the outstanding debt with 42 of the 45 creditors and amounts to EUR 570 million. Kinstellar advised the banks on the deal.

DRD Fleet Leasing is a fleet vehicle leasing company in Turkey that was established in 1998. 

The Egemenoglu team included Managing Partner Yunus Egemenoglu, Partner Egemen Egemenoglu, and Associate Irem Kol.

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