Financial Loans and Facilities

Our firm often advises clients involved in complex and high value deals which span international borders and involve multiple counter-parties, or financing steps. We work closely with clients throughout the entire transaction, from the initial due diligence and documentation of term sheets, through to execution and post-closing matters, including re-financings, workouts and bankruptcy matters.

We regularly negotiate and document complex financing structures for our clients, employing a variety of strategies in executing projects, such as alternative financing methods and yield-based agreements. We provide legal as well as strategic advice to major banks, financiers, lessors, manufacturers, operators, borrowers and export credit agencies, among others.

Our experience and multidisciplinary approach means we can expedite transactions and identify potential issues, often early in a transaction. In turn, this reduces disputes, risks and unnecessary costs for our clients.

Integration with our strong corporate, tax, mergers and acquisitions, as well as other related financial practice areas mean that our firm provides transactional legal support which fits seamlessly into our clients’ wider corporate and commercial operations.

Acquisition and Leveraged finance

Our firm has particular depth and breadth of experience advising clients involved in acquisition and leveraged transactions, regularly supporting clients in multilayered, cross-border financings. We provide grounded and commercially focused legal support to clients, closely integrated with support from related practice areas such as mergers and acquisitions as well as tax.

Our clients span a range of industries and include lenders, borrowers, as well as sponsors. We support clients through the full duration of transactions, from initial negotiations and investment through to exit, re-structurings or recapitalizations.

We regularly advise local, foreign and multinational clients with regard to various forms of subordinated debt, including senior, mezzanine and high yield, as well as other similar debt facilities. Our clients are involved in primary and secondary leveraged buy-outs, private acquisitions, public to private transactions, as well as exit financings.

Our mergers and acquisitions team works closely with acquisition and leveraged finance clients to integrate its experience-based support and industry expertise.

Asset Finance

Our firm regularly advises clients regarding the legal and strategic aspects of their asset finance activities, as well as related structured and secured transactions. We have wide experience with both traditional and innovative asset financing techniques applicable to the financing and disposal of complex asset portfolios.

Our asset finance clients require our firm to have a particularly in-depth knowledge of their industry sectors. Our industry knowledge allows us to leverage the unique characteristics or each sector and asset type, as well as to mitigate industry-specific risks, obligations and liabilities for our clients.

Our asset finance experience includes transactions involving aviation, rolling stock, mining equipment, vessels and vehicles. It also extends to plant, equipment and facilities for industrial and manufacturing operations.

Commercial finance

Our firm regularly supports clients with commercial finance transactions, including lenders, borrowers and guarantors, both private as well as institutional. These transactions range from traditional day-to-day commercial lending transactions, through to transactions involving complex securitization and derivatives.

We regularly advise clients about risk, tax and structuring aspects of secured and unsecured bank debt, private placements, and foreign collateral, as well as debt and credit facilities.

Our strong corporate and dispute resolution teams contribute to supporting our commercial finance clients, helping to protect clients against unnecessary costs and disputes regarding commercial finance transactions.

Project Finance

Our firm has advised on, structured and implemented all aspects of project finance transactions, with a particular focus on appropriate allocation of project risk. Our firm handles transactional, regulatory and environmental matters, particularly in the energy, banking, and infrastructure sectors.

We regularly advise clients on issues ranging from due diligence for zoning plans, land or real estate transactions, through to turn-key project development, structuring, financing, implementation and construction. We have wide experience executing project finance loans, administrative agreements, and joint venture agreements, as well as ensuring compliance with Turkish zoning and cadastre regulations.

A specialty area for the firm is developing project finance and collateral structures for energy centers installed in industrial facilities, shopping malls, and other structures. Our firm regularly closes high value residential development projects as well as transactions for clients establishing industrial facilities or executing long-term lease agreements in the pharmaceutical sector.

Our experience includes self-financing projects and frequently involves cross-border matters, multiple financing steps, or changes in shareholding. This requires us to provide advice which takes into account the strategic choices and economic situations of multiple parties.

Trade Finance

Our firm advises clients regarding all aspects of trade finance and related structured finance products, in turn minimizing the associated risks and supporting our clients to focus on their core businesses.

International trade finance markets are constantly changing, affected in particular by fluctuating commodity prices and the rise of emerging markets, such as Turkey. Trade finance markets also involve complex inter-jurisdictional treaties as well as overlapping governmental regulations and enforcement procedures. We understand the legal, practical, commercial and operational considerations which our clients face.

Our firm advises lenders, borrowers, traders, trade finance banks, and export credit agencies, among others. These clients are involved with a full range of commodities, including both hard and soft commodities, as well as raw materials, oil, energy, futures and derivatives.

We conduct detailed commodity-specific risk assessments and due diligence activities, before negotiating the appropriate risk-mitigation arrangements. Our trade finance advice includes bills of exchange, documentary credits, guarantees, insurance, pre and post-export finance, as well as supply chain, export factoring and borrowing base facility matters.

Our trade finance advice is supported by strong performance in related industry-specific practice areas, as well as dispute resolution and experience with international trade regulations.