Moroğlu Arseven has significant experience advising on a full spectrum of capital markets products or transactions, including debt and equity markets, derivatives, structured finance and securitisation, as well as equity-linked notes. Our support covers highly-technical regulatory compliance, approvals and investigations, along with corporate governance issues for publicly listed companies and groups. The firm’s dual strengths in transactional and regulatory areas enable us to assist with the most complex and innovative matters in this context.
Moroğlu Arseven assists shareholders, issuers, underwriters and related parties regarding all aspects of equity, debt and hybrid instruments. These include listed companies, hedge, mutual or pension funds, institutional asset managers, investment banks, alternative investment management vehicles, brokers, custodians, depositories, rating agencies and other participants.
The firm has particular experience guiding foreign clients to understand how capital markets obligations and restrictions will impact them in Turkey. Our clients include major multinational banks and corporations, often requiring us to consider local compliance aspects alongside associated cross-border or foreign elements.
Moroğlu Arseven’s knowledge of local markets and industry sectors, as well as regulatory and economic environments, enables us to provide insightful and commercially sensitive advice regarding clients’ unique fund-raising requirements. The firm assists issuers as well as underwriters in this context, meaning the firm sees transactions from both sides and can offer insight into the key issues and commercial complexities which each perspective faces.
Due to the breadth of our securities and capital markets experience and continuously evolving market conditions, Moroğlu Arseven often advises on innovative and ground-breaking regulatory or transactional questions.
Equity capital markets
Moroğlu Arseven assists clients through the full breadth of equity capital market issues, including domestic as well as international exchanges. The firm’s support stretches from pre-IPO structuring and tax advice, through due diligence and negotiations, to also include listing-related phases such as offer structuring, obtaining regulatory approval, prospectus drafting, marketing issues and eventual market launch. Moroğlu Arseven also assists clients to navigate the complexities of follow-on equity offerings, private placements and convertible bonds.
The firm supports clients to understand and deal with all aspects of ongoing disclosure, governance and reporting requirements, regulatory and exchange relations, dividend issues, as well as carry out equity market transactions. Moroğlu Arseven also advises during de-listings or squeeze-outs for listed entities, assisting both minority and controlling shareholders in this context.
Debt capital markets
Moroğlu Arseven assists with all aspects of issuing, negotiating and trading bonds within debt capital markets, supporting a range of clients in primary and secondary markets to raise debt for their acquisitions, as well as to refinance or restructure their existing debt.
The firm supports with a full spectrum of debt capital markets products, including investment grade bonds, regulatory capital, hybrid transactions, liability management, equity-linked products, sharia-compliant bonds, sovereign issues, unique tranching structures, as well as high yield instruments.
Moroğlu Arseven supports clients to hedge against their financial risks by structuring, marketing and trading derivative products across a full variety of asset classes. The firm assists clients with futures, forwards, options and swaps, as well as synthetic variations like collateralised debt obligations and credit default swaps.
The firm supports clients with OTC and exchange-traded derivatives, including all related ISDA documentation issues as well as a full range of issues related to derivatives’ underlying assets, commodities, securities, indexes or interest rates.
Regulatory relations and investigations
Moroğlu Arseven assists clients to liaise with exchange authorities and capital markets regulatory bodies, often in contentious circumstances, or in the context of regulatory investigations. The firm has regular contact with the Capital Markets Board and Borsa Istanbul, guiding clients through their complex compliance, approval, disclosure and investigation processes.
The firm assists clients with risk assessments, as well as develops strategic approaches for responding to regulator questions or participating in investigations. Our strong dispute resolution practice helps clients to challenge market bans and other sanctions via the administrative courts.
Moroğlu Arseven integrates complex capital markets considerations into daily counselling for publicly held clients, offering end-to-end compliance advice. Our support includes advising on risk assessments for capital market regulations, corporate governance structures, related party transactions, shareholder rights, public disclosure requirements, insider trading, arms-length transactions, investor relations, general assembly meetings and corporate restructuring projects.