Clifford Chance has advised the joint bookrunners on Industrial Development Bank of Turkey's USD 350 million Rule 144A/Reg S issuance of 7.125% senior notes due 2029.
According to Clifford Chance, TSKB aims to maintain sustainable growth in Turkey by adding value to the Turkish economy, primarily by supporting the private sector with medium and long-term financing.
The Clifford Chance team included Istanbul-based Partner Sait Eryilmaz, Associate AliCan Altiparmak, Senior Associate Bilgesu Cakmak, and Associate Aykan Karpuzcu as well as further team members in Paris and London.
Clifford Chance did not respond to our inquiry on the matter.