Advised a consortium of 19 creditor institutions, including banks and financial leasing companies, led by T.C. Ziraat Bankası A.Ş., on the financial restructuring of TYH Uluslararası Tekstil Pazarlama Sanayi ve Ticaret A.Ş.’s indebtedness valued at approx. EUR 100 million, one of Türkiye’s leading textile manufacturers, under Türkiye’s financial restructuring framework.
Advised a consortium of 8 banks, led by Vakıf Katılım Bankası A.Ş., on the restructuring of Görhan İnşaat ve Mobilya Sanayi ve Ticaret A.Ş.’s indebtedness valued at approx. USD 28 million, one of Türkiye’s leading furniture manufacturers, under Türkiye’s financial restructuring framework.
Advised a consortium of 6 banks, led by T.C. Ziraat Bankası A.Ş., on the transfer of a debt of Demirören Yatırım Holding A.Ş., a major Turkish conglomerate active in media, lottery and betting games and natural gas trade, valued at approx. TRY 10 billion restructured under Türkiye’s financial restructuring framework, to a new borrower, SCR Enerji Holding A.Ş., a subsidiary of Socar Group, one of Türkiye’s leading fuel trading groups.