Gedik & Eraksoy > Istanbul, Turkey > Firm Profile

Gedik & Eraksoy
RIVER PLAZA, FLOOR 17, BÜYÜKDERE CAD., BAHAR SOK. NO:13, 34394
LEVENT
ISTANBUL
Turkey

Turkey > Banking, finance and capital markets Tier 1

Gedik & Eraksoy's ‘very hands-on and commercial’ team handles a broad offering of banking, finance and capital markets mandates, being well versed in syndicated lending, project finance, acquisition finance, Islamic finance, financial regulatory, securitisations and IPOs, and is particularly renowned for its strength in ESG and sustainable finance in Turkey. Hakkı Gedik and Umut Gurgey co-head the team, which also draws from its active regulatory practice for banks and other financial institutions, and works in conjunction with Allen & Overy’s Istanbul team.

Practice head(s):

Hakkı Gedik; Umut Gurgey

Testimonials

A solid market oriented and commercially aware team.’

Very hands-on and commercial.’

Key clients

Standard Chartered Bank

Bank of America

JPMorgan Securities PLC

The Export-Import Bank of China

Macquarie Bank Ltd (London branch)

Citigroup Global Markets Asia Limited

Société Générale SCF

Bank of New York Mellon (BNYM)

The International Finance Corporation (IFC)

UniCredit Bank AG

Merrill Lynch International

Coöperatieve Rabobank U.A.

Yapi ve Kredi Bankasi A.S.

The European Bank for Reconstruction and Development (EBRD)

Garanti BankI

CBC Turkey Yatırım Menkul Değerler A.Ş

Credit Europe Bank N.V.

Turkiye Is Bankasi A.S.

Work highlights

  • Advised Bank of America and Standard Chartered Bank in connection with an ESG-linked syndicated dual-tranche and dual-currency loan facility for Turkey’s Garanti BBVA.
  • Advised the Managers in connection with the issue of $580m 6.375 per cent Notes due 2025 by Istanbul Büyükşehir Belediyesi outside Turkey.
  • Represented the Bank of New York Mellon (BNYM) as the Depositary on Hepsiburada’s $780m initial public offering of American Depositary Shares on the Nasdaq stock exchange.

Turkey > Commercial, corporate and M&A

Operating in alliance with Allen & Overy, Gedik & Eraksoy's practice is well known for handling the domestic components of high-value cross-border deals, as well as standalone Turkish transactions. Co-founding partner Hakki Gedik heads the department.

Practice head(s):

Hakki Gedik

Key clients

Aviva Group Holdings Limited

Aegon

Hive Enerji

Prysmian S.p.A

SAP America, Inc. / SAP SE

Intesa Sanpaolo S.P.A.

Turk Ticket S.à r.l. / Riyada Managers B.V. (RMBV)

Work highlights

  • Advised Aviva on its exit from AvivaSA, acting on the sale of its entire 40% stake in AvivaSA Emeklilik ve Hayat A.Ş. – its (now former) joint venture with Sabancı Holding.
  • Advising Aegon on the sale of its insurance, pension and asset management business operations to Vienna Insurance Group across multiple jurisdictions.
  • Advised Hive Enerji on the sale of its entire stake in eight SPVs holding project rights over solar power plants in Adıyaman, Turkey.

Turkey > Project finance/projects

Gedik & Eraksoy advises a range of clients on project financings (including Islamic and conventional financings) across multiple sectors, including oil and gas, power, renewables, infrastructure and telecoms.
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The firm: Gedik & Eraksoy is a full service Turkish law firm with international reach, working seamlessly with Allen & Overy’s offices around the world to deliver first class, efficient and integrated legal services.  Gedik & Eraksoy consist of a team of 11 Turkish lawyers who advise on a wide range of practice areas, including debt and equity capital markets, local and cross–border M&A, corporate, projects, banking and finance transactions as well as dispute resolution.   Led by lawyers: Hakki Gedik – a Turkish lawyer with over 25 years of experience in banking, M&A and capital markets, and Umut Gurgey – a Turkish lawyer with over 20 years of experience in banking and capital markets,  the Gedik & Eraksoy team has a deep understanding of the Turkish legal framework and routinely handles all aspects of novel and sophisticated transactions in the market.

Association with Allen & Overy: Gedik & Eraksoy has an association with Allen & Overy LLP.

Through Gedik & Eraksoy, A&O can deliver Turkish law advice and execution capability “on the ground” in Turkey to Allen & Overy LLP’s internationally recognized high standards.

Allen & Overy LLP is one of the world’s leading law firms, with around 5,200 staff and 512 partners worldwide.  Since opening its first office in London in 1930, the firm has grown into a global organisation with 44 offices in 31 countries across Europe, Asia Pacific, the Americas and the Middle East.

Through the relationship with Allen & Overy LLP, Gedik & Eraksoy has access to a global network of offices and legal expertise, including their English legal team located in their Istanbul office.  If needed, G&E will be able to work together with the Allen & Overy LLP Istanbul office to provide the Clients with a one-stop shop for Turkish and English law advice.

Areas of practice

  • Antitrust and competition
  • Banking and finance
  • Capital markets
  • Corporate and M&A
  • Corporate governance and compliance
  • Employment
  • Financial services regulation
  • Insurance
  • Intellectual property
  • Islamic finance
  • Litigation, arbitration and investigations
  • Private equity
  • Projects
  • Real estate
  • Restructuring
DepartmentNameEmailTelephone
Energy (oil and gas)
M&A
Finance (project, acquisition, structured)
Syndicated lending
Securitisations
Islamic finance
Financial regulatory
Insurance
Debt and equity capital markets
Private equity transactions
Privatisations
Competition
Real estate
PhotoNamePositionProfile
Hakkı Gedik photo Hakkı GedikHakkı is the co-founder of Gedik & Eraksoy. He practises all aspects…
Number of lawyers : 13
English
German
Turkish
Allen & Overy