Allen Overy Shearman Sterling and its Turkish affiliate law firm Gedik & Eraksoy have advised the joint bookrunners on Turkiye Ihracat Kredi Bankasi’s recent USD 500 million fixed-rate bond issuance, completed under the bank’s USD 8 billion global medium-term note program.
According to A&O Shearman, the bonds, successfully issued on the international markets, carry a coupon rate of 6.875%.
The Gedik & Eraksoy team included Partner Umut Gurgey, Senior Associate Dilsah Gurses Erulutekin, and Associate Melis Yilmaz Diler.
