BASEAK Advises on Suwen Tekstil IPO

BASEAK Advises on Suwen Tekstil IPO

Turkey
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Dentons’ Turkey affiliate Balcioglu Selcuk Ardiyok Keki Attorney Partnership has advised on Suwen Tekstil's TRY 425.5 million IPO.

Turkiye Sinai Kalkinma Bankasi, Yatirim Finansman, and Gedik Yatirim Menkul Degerler A.S. facilitated the IPO.

Suwen Tekstil is a clothing company.

According to BASEAK, “the IPO enjoyed 4.4 times oversubscription by Turkish retail investors and 2.6 times by Turkish institutional investors and 2.9 times by foreign institutional investors.”

BASEAK’s team included Managing Partner Galip Selcuk, Partner Barlas Balcioglu, and Associates Cenk Yilgor, Erkin Tuzcular, Eda Yilmaz, Ceren Koksoy, and Merve Colak.