Paksoy, working with Ashurst, has advised Samsung C&T, Korea Overseas Infrastructure & Urban Development Corporation, and KDB Infrastructure Investments Asset Management on the financial closing of the Nakkas-Basaksehir section of the Northern Marmara Highway Project.
According to Paksoy, "the project, valued at EUR 1.43 billion, is one of Turkiye’s largest in the road sector and involves five project sponsors and 16 participating financial institutions. The consortium of Samsung C&T, KIND, KDB Kaimco, Turkish construction group Ronesans Holding, and the Korea Expressway Corporation serves as project sponsors."
The Paksoy team included Partners Stephanie Beghe Sonmez, Sera Somay, Okkes Sahan, and Togan Turan, Counsel Zekican Samli, Senior Associate Sabri Kaya, and Associates Bulent Ozturk, Gamze Boran, and Selen Toma.
Paksoy did not respond to our inquiry on the matter.
