Paksoy, working with Linklaters, has advised Turkcell on its USD 1 billion Eurobond offering. Allen Overy Shearman Sterling and its Turkish affiliate Gedik Eraksoy reportedly advised the joint bookrunners.
Turkcell is a Turkish ICT solutions provider. According to Paksoy, the Rule 144A/RegS issuance of USD 1 billion in unsecured and unsubordinated notes consists of “USD 500 million 7.45% notes due 2030 and USD 500 million 7.65% sustainable notes due 2032.”
The Paksoy team included Partner Omer Collak, Senior Associate Melis Gencol, and Associate Bengisu Yilmaz.