Hall Of Fame

Firms To Watch: Banking, finance and capital markets

Banking, finance and capital markets in Turkey

Biçer Güner Attorneys-at-Law

With a reputation for mining, energy and infrastructure project finance, Biçer Güner Attorneys-at-Law has demonstrated considerable growth since its establishment in 2023 by founder and managing partner Burçak Kurt Biçer.

Balcioglu Selçuk Eymirlioglu Ardiyok Keki Attorney Partnership

Housing a ‘responsive, knowledgeable and reliable’ group, Balcioglu Selçuk Eymirlioglu Ardiyok Keki Attorney Partnership showcases stellar expertise across the full gamut of banking, finance and capital markets activities, delivering ‘solutions-oriented’ counsel to lenders, borrowers, and issuers. Work ranges from corporate and project finance to complex debt and equity capital markets transactions, including IPOs, structured products, sukuk, securitisations, and sovereign issuances. Jointly spearheading the group is Barlas Balcıoglu, who maintains a strong reputation among multinational and Turkish banks, sovereigns and corporates, alongside İbrahim Onur Baysa, who leverages deep experience in the capital markets sector, with a particularly active role in the regulation and development of capital markets. Ceren Akkur Bayram is another key figure within the group.

Responsables de la pratique:

Barlas Balcıoğlu; İbrahim Onur Baysal


Autres avocats clés:

Ceren Akkur Bayram


Les références

‘They are responsive, knowledgeable and reliable.’

‘All talented, experienced and practical.’

‘Sedat Enes and Erkin Tuzcular are result oriented, focussed and fast.’

Principaux clients

Ceyhan Terminal Hizmetleri A.Ş.


Česká exportní banka, a.s. (CEB)


Anadolubank


Landesbank Baden-Württemberg (LBBW)


Commercial Bank of Kuwait K.P.S.C. (CBK)


The Hongkong and Shanghai Banking Corporation Limited, GIFT City Branch (HSBC)


Emirates NBD


BNP Paribas


Mizuho Bank, Ltd.


Standard Chartered Bank PLC (SCB)


AKA Ausfuhrkredit-Gesellschaft mbH (AKA)


Bank of America Europe DAC (BofA)


The European Fund For Southeast Europe S.A. SICAV-SIF (EFSE)


Green for Growth Fund S.A. SICAV-SIF (GGF)


Kuwait Finance House (KFH)


Oesterreichische Entwicklungsbank AG (OEeB)


Standard Chartered Yatırım Bankası Türk A.Ş. (SCB Türkiye)


Principaux dossiers


  • Advised Ceyhan Terminal Hizmetleri A.Ş., a joint venture between Rönesans Holding and Stolthaven Terminals, on the EUR 770 million project financing of a greenfield liquid bulk terminal in Ceyhan, Türkiye.
  • Advised Germany-based AKA European Export Trade Bank on the EUR 76.7 million ECA-backed financing provided to Ecogreen Enerji Holding A.Ş., supported by Euler Hermes.
  • Advised Česká exportní banka, a.s. (CEB) on the refinancing of the 99.5 MW Karakurt hydropower plant in Eastern Türkiye. The transaction involved the full repayment of an existing Turkish loan and the implementation of a comprehensive Turkish law security package.

CE Partners in association with Clifford Chance

Drawing on the firm’s geographic strengths, both in terms of its deep connection with international banks as well as its place within the Clifford Chance network of offices, CE Partners in association with Clifford Chance is well-placed to advise on the full spectrum of cross-border banking, finance and capital markets work, including corporate and acquisition finance, Islamic and structured finance, real estate and sovereign lending, export finance, debt restructuring, and broader financial services. The firm is a key contact for clients in the infrastructure, healthcare and energy sectors. The team is headed by Sait Eryılmaz who maintains a strong practice across the full range of public-private partnerships (PPPs), complex cross-border matters and ECP+F transactions, particularly in the realm of multi-jurisdictional infrastructure and energy transactions. Adept in handling a variety of financings, Gökçe Uzun utilises local law, UK and New York qualifications to represent a myriad of lenders, sponsors, investors and developers. Also dual qualified in the UK and Turkey is counsel Başar Kırka, who boasts diverse expertise across prominent deals spanning project finance, PPPs, infrastructure and energy, EPC+F and ECA financings, privatisations and acquisition finance.

Responsables de la pratique:

Sait Eryılmaz


Autres avocats clés:

Gökçe Uzun; Başar Kırka; Ali Can Altıparmak


Les références

‘Professional team with energetic approach to the projects, easy to reach when needed.’

‘The individuals we have worked with demonstrate a rare combination of technical expertise, commercial awareness, and genuine client focus. What sets them apart is not only their command of the subject-matter, but also their ability to communicate complex issues clearly and collaborate effectively under pressure, as they showed when finalising the work at short notice. Compared to competitors, these individuals bring a stronger sense of adaptability and resilience. Rather than relying on standard templates or conventional approaches, they demonstrated initiative and creativity when it mattered most. This agility and willingness to go the extra mile gives them a competitive edge. Responsiveness and commitment even when time was limited, they delivered with focus and energy.’

‘Collaboration and working seamlessly across partners and associates to refine and improve outputs at the final stage.’

Principaux clients

Actis


Asian Infrastructure Investment Bank (AIIB)


Akbank


Aksa Energy


Alternatifbank A.S.


Arçelik


Avesoro Resources, a MNG group Company


Bank of America


Bank of China


Barclays Bank PLC


Ben Oldman European Asset Backed Lending S.A.


BNP Paribas Fortis SA/NV


China Development Bank (CDB)


Ciner Group


Citibank N.A.


Commercial Bank of Dubai PSC


DEG


Denizbank


Deutsche Bank AG


Development Bank of Kazakhstan (DBK)


European Bank for Reconstruction and Development (EBRD)


Emirates NBD


Export Finance Norway (Eksfin)


Export Development Canada (EDC)


First Abu Dhabi Bank PJSC


Ford Otosan


Fraport AG Frankfurt Airport Services


Garanti BBVA


Goldman Sachs International


HSBC Bank plc


ICBC


International Finance Corporation (IFC)


ING European Financial Services Plc


Invest International


Islamic Corporation for the Development of the Private Sector (ICD)


İşbank


İş Energy


Japan Bank for International Cooperation (JBIC)


JP Morgan


KfW IPEX-BANK GmbH


Mapa Construction


MUFG Securities EMEA plc


Nederlandse Financierings Mij. voor Ontwikkelingslanden N.V. (FMO)


Pacific Investment Management Company (PIMCO)


Petkim Petrokimya Holding


PROPARCO


QNB Finansbank


Rönesans Holding


SACE


SOCAR


Société Générale


Standard Chartered Bank


Şişecam


TAV Airports


Türkiye Kalkınma ve Yatırım Bankası


Türkiye Sınai ve Kalkınma Bankası


TurkExim


Türkiye Wealth Fund


UKEF


Uludağ Energy


UniCredit


Yapı Kredi


Yapı Merkezi


Ziraat Bank


Principaux dossiers


  • Advising UK Export Finance (UKEF) and Standard Chartered Bank with the €249 million UKEF and KUKE-covered green financing to Kalyon Enerji, a leading player in the energy sector, for the financing of the Anka Solar Park Project.
  • Advising the lenders in connection with the Çeşmeli-Kızkalesi Section of the Çeşmeli-Erdemli-Silifke-Taşucu Motorway Project, developed under the Build-Operate-Transfer (BOT) model.
  • Advising the Joint Global Coordinators and the Joint Bookrunners on the debut international sukuk issuance by TVF Varlık Kiralama A.Ş. (the « Issuer ») with TVF İFM Gayrimenkul İnşaat veYönetim A.Ş.

Esin Attorney Partnership, Member Firm of Baker & McKenzie International, a Swiss Verein

Fielding a full-service capital markets and banking and finance practice, the ‘hardworking and available’ team at Esin Attorney Partnership, Member Firm of Baker & McKenzie International, a Swiss Verein maintains a strong position in the market for its knowledge across Eurobond and IPO transactions, large-scale acquisition and project financings, and financial services regulatory and capital markets, frequently representing lenders, borrowers and issuers. The team leverages its global network through a close collaboration with other Baker McKenzie offices to handle complex multi-jurisdictional mandates. Leading the team is the ‘exceptional partner’ Muhsin Keskin, who boasts deep knowledge across all areas of finance and capital markets law, with a strong focus on financial restructuring, NPLs, acquisition finance, project finance, securitisation, and sustainable and structured finance. Simon Morgan is a key contact for securitisation and capital markets products. Zeki Nizam Cebe operates across all finance areas and is geared to support banks, financial institutions, large corporate borrowers, issuers, and underwriters. Seray Karaalp has well-rounded experience in complex, multi-jurisdictional banking and finance matters, particularly in the energy, transportation and health sectors.

Responsables de la pratique:

Muhsin Keskin


Autres avocats clés:

Simon Morgan; Zeki Nizam Cebe; Seray Karaalp


Les références

‘Esin Attorney Partnership is one of the most accomplished Turkish capital markets legal firms, if not the best. The combination of talent they have in house is extremely high quality, and you always get concise, correct and true commentary, which is always easy to understand by non-lawyers. Their delivery is always timely and always additive. I don’t think there is another legal firm in Turkey better than Esin Attorney Partnership when it comes to advising clients on financial matter. For Baker Mckenzie, they are probably the most sophisticated legal firm I work with. Their partners are amazing, and they always deliver high quality output. It is a joy to work with them.’

‘Muhsin Keskin is the best Turkish capital markets lawyer. What makes him best is not his deep understanding of the soul of the capital market laws and regulations but his friendly touch. He is always ready to answer any questions one may have and always delivers in time with a perfect answer (even digging out the historical development of specific laws over decades). He is a shining star of how a financial market lawyer should be. I also would like to commend Jim Patti. He is an exceptional capital markets lawyer, one who understands the products perfectly and is always very, very helpful. He is the best international lawyer in my view.’

‘The services I get from the firm are excellent at all levels and all the individuals bear responsibility for the quality level of the legal services. It shows the collaboration amongst the team and provides the client with a holistic approach in the identification of the problem and the solution.’

Principaux clients

Çimsa Çimento Sanayi ve Ticaret A.Ş.


ICBC


Société de Promotion et de Participation pour la Coopération


Economique S.A. (Proparco)


Akbank T.A.Ş.


Ereğli Demir ve Çelik Fabrikaları T.A.Ş.


JP Morgan


Gülermak İnşaat


Morgan Stanley & Co.


Merrill Lynch


Akbank T.A.Ş.


ABG Sundal Collier ASA


Goldman Sachs


Emirates NBD


Bank of China


Citibank


Rabobank


U.S. International Development Finance Corporation


DZ Bank


BBVA


Yapı Kredi


QNB


Turkey Wealth Fund


JBIC


Sumitomo Mitsui Corporate Banking


ICBC Turkey Bank A.Ş.


Principaux dossiers


  • Advising Farallon and Oaktree on their participation in a landmark investment valued at approximately USD 5 billion in Dream Games, a leading player in the mobile gaming industry known for its globally successful titles, Royal Match and Royal Kingdom.
  • Advising Ereğli Demir ve Çelik Fabrikaları T.A.Ş., Türkiye’s leading steel manufacturer, on their issuance of USD 950 million 8.375% notes due 2029.
  • Advising Çimsa, as lead counsel on both the bridge loan and term loan facilities totaling EUR375,000,000, used to finance its acquisition of Mannok Holdings, an Ireland-based cement and construction materials producer.

GKC Partners (in professional association with White & Case)

Covering the entire scope of financing and capital markets areas, GKC Partners (in professional association with White & Case)  fields a team with a strong position in the market for its involvement in domestic and cross-border financings, particularly debt finance. The group offers ‘strong support in both local and international law, with a proven record in major deals’ to its high-profile client roster of sponsors, issuers, banks and financial institutions. Co-head Güniz Gökçe is widely recognised for her deep banking and finance experience, particularly acquisition financings, asset-based financings, project and structured financings, and corporate lending. Co-head Derin Altan stands out for his work involving capital markets-related structuring and transactions, exhibiting strong ties with Turkish and EMEA-based investment banks. Ateş Turnaoğlu is recommended for financing transactions and is particularly impressive across export finance and ECA-covered financing. Gökçe Uluç has established experience in municipal financings, mezzanine transactions and acquisition financings. Aybike İplikçi is another key figure within the group.

Responsables de la pratique:

Güniz Gökçe; Derin Altan


Autres avocats clés:

Ateş Turnaoğlu; Gökçe Uluç; Kaan Alkan; Aybike İplikçi


Les références

‘The team offers strong support in both local and international law, with a proven record in major deals. They are highly responsive and deliver top-tier service.’

‘Ateş Turnaoğlu combines strong expertise with a knack for offering practical, creative solutions that fit clients’ needs.’

‘Kaan Alkan is a talented associate who stands out for his strong relationship skills and deep industry knowledge. He is quick to respond, solution-driven, and always brings practical ideas to the table.’

Gedik & Eraksoy

Gedik & Eraksoy has a proven track record across the full array of banking, finance and capital markets work within the Turkish and international markets, routinely representing leading international financial institutions, Turkish banks, corporates, and government entities. The team holds a notable reputation for transactions within the ESG and sustainable finance space. Spearheading the group is Umut Gurgey, who maintains a strong reputation across the full spectrum of transactional and regulatory matters, frequently sitting at the forefront of significant Islamic, acquisition, asset, export, project and structured financing matters, as well as derivatives financial regulatory and securitisation-related cases. Dilsah Gurses Erulutekin has broad expertise, but she primarily focuses on sustainable finance, syndicated lending, leveraged and acquisition finance, and project and energy-related transactions.

Responsables de la pratique:

Umut Gürgey


Autres avocats clés:

Dilsah Gurses Erulutekin


Principaux clients

International Finance Corporation (IFC)


MUFG Securities EMEA plc


Citigroup Global Markets Limited


The European Bank for Reconstruction and Development (EBRD)


Garanti BBVA


Türkiye İş Bankası A.Ş.


Yapı ve Kredi Bankası A.S,


J.P. Morgan Securities plc


Akbank T.A.Ş.


United States International Development Finance Corporation


Arab Petroleum Investment Corporation (APICORP)


Denizbank AG


Banco Bilbao Vizcaya Argentaria, S.A.


Principaux dossiers


  • Acted as Turkish counsel to the lenders and the cover provider in connection with the landmark USD 1.15 billion project financing for the development, construction, commissioning, operation, and maintenance of a cutting-edge greenfield polypropylene production facility in Adana, Republic of Türkiye.
  • Acted as lead counsel to a syndicate of lenders in connection with a landmark USD 800 million (approx.) facility extended to Borusan ENBW Enerji Yatırımları ve Üretim A.Ş.
  • Acted on Işbank’s digital bond, the first-ever issuance of USD 100 million Digitally Native Notes (DNNs) in Türkiye, marking a significant milestone in the evolution of the country’s financial markets.

Paksoy

Fielding a team of banking, finance, and capital markets experts, Paksoy is an authority on handling domestic and multi-jurisdictional cases on transactional and regulatory matters, frequently instructed by international banks, financial institutions, corporate borrowers, investment banks, underwriters, managers and issuers. Heading up the group is co-head Sera Somay, commended for her comprehensive offering covering loans, secured financing and other structured financings, who maintains an impressive client portfolio across international and local lenders, borrowers, funds and investors. While co-head Ömer Çollak brings in-depth knowledge in the capital markets space, boasting a client roster of corporate and bank issuers, underwriters and lead managers, Ökkeş Şahan handles the full spectrum of capital markets transactions, securitisations, corporate governance and public company matters. Beril Paksoy and Merve Kurdak are well-equipped to advise international and local clients on capital markets and financing matters.

Responsables de la pratique:

Sera Somay; Ömer Çollak


Autres avocats clés:

Ökkeş Şahan; Beril Paksoy; Merve Kurdak


Les références

‘Great team. Very professional. Good English capability. Proper international standards.’

‘Omer Collak is instrumental to the team performance. Very competent and capable partner. ’

‘One of the strongest firms in Turkey, strong partner availability and expertise across the legal spectrum.’

Principaux clients

Turkey Wealth Fund


Istanbul Financial Center (IFC)


Turkcell


Halk Bank


Bank of America


Rönesans Holding


Migros


Borusan Makina


Agence Française de Développement (AFD)


Mercedes-Benz Finansman Türk


Principaux dossiers


  • Advised Türkiye Wealth Fund (TWF) and Istanbul Financial Centre (IFC) in connection with the issuance of their USD 750 million inaugural Suku.
  • Advised Turkcell on its issuance of USD 1 billion in unsecured and unsubordinated notes, admitted to listing and trading on Euronext Dublin.

ASC Law Office

With a particularly active energy and infrastructure focus, ASC Law Office is described as ‘uniquely positioned to identify the most suitable structures for a client’s specific needs, anticipate potential risks in documentation, and steer transactions towards smooth and efficient execution’ and houses a team of experts well-equipped to cover the full array of banking, finance and capital markets mandates for a prominent domestic and international client roster. The team’s significant transactions cover loan structuring, negotiation, documentation, and regulatory compliance, as well as guidance on transactions, SPK compliance, and governance matters. Leading the team is Okan Beygo, who plays a significant role in the firm’s projects financing work for an extensive network of local and international clients. Levent Yetkil maintains a strong reputation for his depth of expertise in financial transactions, including project finance, refinancing and debt structuring. Ela Sarı is a seasoned specialist across capital market transactions, project finance and infrastructure investments, but is particularly recommended for her deep knowledge of the derivatives sector. Fulya Sert Topçu is a key port of call for leading financial institutions, borrowers and sponsors in commercial finance transactions.

Responsables de la pratique:

Okan Beygo


Autres avocats clés:

Levent Yetkil; Ela Sarı; Fulya Sert Topçu; Merve Mert Ergün,


Les références

‘ASC Law’s Banking, Finance, and Capital Markets team distinguishes itself through its extensive expertise in structuring complex financing transactions and navigating regulatory challenges. The group’s deep understanding of financial instruments and capital markets allows them to craft customized, commercially focused solutions that are closely aligned with their clients’ strategic goals. A proactive approach, combined with the effective use of technology to streamline workflow, enhances both their efficiency and their competitive edge over other firms. The team’s commitment to outstanding client service, transparent billing practices, and fostering diversity further solidifies their reputation as a reliable partner for navigating the complexities of the financial markets and regulatory compliance.’

‘The team at ASC Law, especially Partners Mr. Levent Yetkil, Ms. Fulya Sert Topçu, and Senior Associate Ms. Merve Mert Ergün, have repeatedly showcased outstanding proficiency in banking and finance law. Their skill in handling intricate financial transactions with accuracy and delivering strategic counsel distinguishes them from others in the field.’

‘The Banking, Finance and Capital Markets practice at ASC Law Office stands out for its longstanding experience and deep sector knowledge. Having advised on virtually all types of banking and finance transactions over the years, the team is uniquely positioned to identify the most suitable structures for a client’s specific needs, anticipate potential risks in documentation, and steer transactions towards smooth and efficient execution. Their ability to highlight issues that could later develop into disputes is particularly valuable, ensuring that deals are both robust and future-proof. The team is known for its prompt responses and solution-oriented approach, which significantly facilitates complex transactions. What also differentiates ASC is the stability and continuity of its lawyers: many of the team members have been with the firm for a long time, which not only enhances their collective expertise but also fosters strong, reliable, and trusting client relationships. This combination of technical proficiency, market experience, and client-focused service clearly distinguishes ASC from other firms in the market.’

Principaux clients

T. Garanti Bankası A.Ş.


IC İçtaş Güneş Enerji Üretim ve Ticaret A.Ş.


T.C. Ziraat Bankası A.Ş.


Yapı ve Kredi Bankası A.Ş.


Türkiye Sınai ve Kalkınma Bankası A.Ş.


İGA Havalimanı İşletmesi A.Ş.


Kalyon Güneş Teknolojileri Üretim A.Ş.


Türkiye İş Bankası A.Ş.


QNB Bank A.Ş.


D Yatırım Bankası A.Ş.


Osmanlı Yatırım Menkul Değerler A.Ş.


Osmanlı Varlık Kiralama A.Ş.


Dap Gayrimenkul Geliştirme A.Ş.


Principaux dossiers


  • Acting as the Turkish Legal Counsel, the firm provided comprehensive counsel to its esteemed client T.C. Ziraat Bankası A.Ş. concerning a substantial Syndicated Term Loan Facility valued at approx. USD 742 million and EUR 884 million.
  • Advised the “Creditor Institutions”, including Yapı ve Kredi Bankası A.Ş., T. Garanti Bankası A.Ş., Türkiye İş Bankası A.Ş., Türkiye Sınai ve Kalkınma Bankası A.Ş., QNB Bank A.Ş. and T.C. Ziraat Bankası A.Ş..
  • Assisted the IPO process of Kalyon, which is a Turkish company engaged in manufacturing solar modules, in its vertical integrated photovoltaic panel factory and conducting high value research and development projects in the R&D center which is established by Kalyon.

Bezen & Partners

With experience advising across a mix of domestic and non-domestic markets, Bezen & Partners has the strength to handle a tremendous range of finance deals for international and Turkish financial institutions, corporates, capital markets entities, banks, sponsors and borrowers. Heading up the group is Yeşim Bezen, who brings a strong international reputation through English and Turkish law qualification, particularly within the project finance sector. Banu Bölükemini exhibits in-depth knowledge of corporate finance, municipality and project finance transactions. Murat Soylu is a go-to for regulatory and capital markets mandates, leading on cases involving IPOs, secondary market transactions and debt instrument issuances.

Responsables de la pratique:

Yeşim Bezen


Autres avocats clés:

Banu Bölükemini; Murat Soylu


Principaux clients

Rönesans Holding A.Ş.


Eren Holding A.Ş.


Eren Enerji Elektrik Üretim A.Ş.


Medcem Çimento


Pronet Güvenlik Hizmetleri A.Ş.


Akfen Holding A.Ş,


Landesbank Hessen-Thüringen Girozentrale and Finnvera


PNC Bank National Association


Dubai Aerospace Enterprise


QNB Finansbank A.Ş.


Principaux dossiers


  • Advised and assisted the clients, Aşiyan Enerji Üretim İnşaat Sanayi ve Ticaret A.Ş., Rönesans Enerji Üretim ve İnşaat A.Ş. and its parent company, Rönesans Holding A.Ş., in the successful review, negotiation, and implementation of a significant Euler Hermes covered facilities agreement.
  • Advised and assisted Medcem Madencilik ve Yapı Malzemeleri Sanayi ve Ticaret A.Ş., Yeşil Ovacık Liman Hizmetleri A.Ş. and their parent company, Eren Holding A.Ş., in connection with a syndicated financing involving multiple Turkish banks.
  • Advised and assisted the client, a Turkish real estate investment trust, and its parent company, one of the largest Turkish conglomerates, Akfen Holding, in respect of various financings executed by various affiliates for hotel investments in Türkiye, Northern Cyprus and the CIS.

Çakmak Attorney Partnership

Renowned for its expertise across regulatory and transactional banking and finance matters, Çakmak Attorney Partnership is also geared to support on a comprehensive range of financing transactions, routinely acting for a domestic and international client base of corporates, IFIs and banks. The 'always available, commercially strong and pragmatic' Devrim Ergun heads the group and is lauded for his strong presence across banking, finance and debt capital market transactions, showcasing a deep relationship with banks, issuers, lenders and sponsors. Aslı Pabuççuoğlu and Nazli Başak Ayık are other key names to note.

Responsables de la pratique:

Devrim Ergun


Autres avocats clés:

Aslı Pabuççuoğlu; Nazli Başak Ayık


Les références

‘Çakmak Law Firm stands out with its distinctive approach, strong team, and efficiency in managing legal processes. The firm is particularly notable for its ability to handle complex and time-sensitive matters with practicality and timeliness, making it a reliable and solution-oriented partner for potential clients. Overall, Çakmak Law Firm delivers high-standard legal services with professionalism and reliability.’

‘One of the most prominent members of the team is Aslı Pabuççuoğlu, who contributes significantly to the effective management of cases through her legal expertise and strong communication skills. She excels at analysing client needs and delivering fast, effective solutions.’

‘The team are active on cross-border financing transactions, including for IFIs. They have a good handling of the relevant issues so that they can advise quickly and efficiently. They focus on achieving successful closings.’

Principaux clients

Limak İnşaat Sanayi ve Ticaret A.Ş.


Ceyhan Polipropilen Üretim A.Ş.


European Bank for Reconstruction and Development


International Finance Corporation


Abu Dhabi Commercial Bank PJSC


Türkiye İş Bankası A.Ş.


First Abu Dhabi Bank PJSC


Principaux dossiers


  • Advising Ceyhan Polipropilen Üretim A.Ş. in connection with the financing of a propane dehydrogenation and polypropylene production facility with an annual production capacity of 450,000,000 kilotons to be located in the Ceyhan district of Adana, Türkiye.
  • Advising Limak İnşaat Sanayi ve Ticaret A.Ş. in connection with the financing of the design, construction, operation, maintenance, repair and transfer of the Antalya-Alanya Motorway Project to be developed under the public-private-partnership (PPP) model.
  • Advising Türkiye İş Bankası A.Ş. in connection with an acquisition finance loan of up to US$ 48,000,000 to an SPV sponsored by Credia Partners Danışmanlık A.Ş., Esas Holding A.Ş. and Tacirler Portföy Yönetimi A.Ş., including a private equity fund, for the purposes of the acquisition of a Turkish cosmetic products manufacturer operating globally with the brand name “Flormar”.

Gen Temizer Erdogan Girgin Attorney Partnership

With a particular reputation for representing borrowers and lenders, Gen Temizer Erdogan Girgin Attorney Partnership is home to a ‘top team’ capable of delivering advice across a range of transactional and regulatory work in the banking, finance and capital markets sector. Steering the banking and finance arm of the group is head Ömer Erdoğan, a seasoned financing expert who brings deep knowledge of financial regulatory frameworks within cross-border complex structuring mandates. Capital markets head Dila Topuz has a strong track record in IPOs, post-listing compliance and strategic advisory work, acting for a client roster of issuers and underwriters. Göze Yıldırım is another key name to note.

Responsables de la pratique:

Ömer Erdoğan; Dila Topuz


Autres avocats clés:

Baran Gen; Göze Yıldırım


Les références

‘Work was completed to a high standard, on time and at a competitive price.’

‘The banking team is a top team. The firm is led by female partners so they are the truly diverse team of Turkey. They are able to deliver most complex structures, and they know the Turkish legislation very well. They are a collaborative team. The team has enlarged a lot in the last few years and new dedicated banking partners have joined the firm. ’

‘Baran Gen is our contact at Gen Temizer. She has great client management skills. Ömer Erdoğan is the senior banking partner who works on our deals, and we are very impressed by his knowledge. He has deep knowledge of the banking sector. Recently, Göze joined the firm, and she’s also a great addition as far as I see. ’

Principaux clients

Bank of America


Bor Şeker


Commerzbank


Egis Tunnel Management


Erciyas Celik Boru Sanayi


Evren Ucok (high net worth individual)


Hakan Faydasıçok Çelik


Istanbul Sabiha Gokcen International Airport (ISG)


Kervan Gıda


Limak Çimento


Limak Dogu Anadolu Cimento


Limak Yatırım


Maspo Geothermal Enerji


Metropal Kurumsal Hizmetler


Namet


Opontia


Summa Turizm


Principaux dossiers


  • Representing Limak Cement on its debut global Rule 144A/Reg S issuance of total USD 625 million 9.750% notes due 2029.
  • Representing Namet on its IPO.
  • Representing Summa in its corporate loan at the amount of EUR 50 million, provided by IFC.

Hergüner Bilgen Üçer Attorney Partnership

The ‘very professional’ team at Hergüner Bilgen Üçer Attorney Partnership provides expertise across the full lifecycle of complex domestic and cross-border financing mandates for a high-profile client roster of international commercial banks, finance institutions and exim banks. The team exhibits specialist knowledge within the fintech industry and non-traditional financing matters. Senem Denktaş is a seasoned PPP project lawyer and is pivotal in guiding institutions through financial turbulence affecting PPPs and project financing. Adept in a key range of complex financing transactions is Piraye Kuranel Başol, renowned for her work with the Istanbul Metropolitan Municipality involving the first green bond issuance in Turkey. Yeşim Api Şamlı steers her practice towards transactional and compliance work, with niche expertise in transport infrastructure financing.

Responsables de la pratique:

Senem Denktaş; Piraye Kuranel Başol; Yeşim Api Şamlı


Les références

‘Hergüner Bilgen Üçer Attorney Partnership is a very professional and good legal firm. We are happy with their services.’

‘Very diligent, on time and responsive.’

Principaux clients

Blackstone Inc.


TCC Group Holdings


Ak Portföy Yönetim A.Ş.


International Islamic Trade Finance Corporation


EBRD


Limak İnşaat Sanayi ve Ticaret A.Ş.


IFC


EIB


US International Development Finance Corporation


Türkiye İş Bankası A.Ş.


Export Development Canada


Islamic Corporation for the Development of the Private Sector


Export Import Bank of Korea


Principaux dossiers


  • Represented Blackstone, one of the world’s largest asset management firms, in a transaction involving both equity injection and debt financing in Turkish mobile gaming start-up Dream Games, developer of the globally successful titles Royal Match and Royal Kingdom.
  • Representing the International Islamic Trade Finance Corporation, an autonomous entity within the Islamic Development Bank Group focused on trade financing, in three separate transactions concerning the extension of murabaha financing to various Turkish banks.
  • Representing the group of commercial banks and international financial institutions acting as the project lenders in the Ankara Etlik project, which consists of the construction and operation of an integrated health campus (3,560 beds) in the Etlik region of Ankara under the build-lease-transfer (BLT) model.

Kolcuoglu Demirkan Koçakli

Fielding a group with ‘experience, comparative legal insight, and strong problem-solving abilities’, Kolcuoglu Demirkan Koçakli maintains a strong reputation in cross-border banking and finance transactions, capable of combining expertise in Turkish law with knowledge of foreign law elements to support complex transactions involving regulatory compliance, facility agreements, foreign exchange, Islamic finance, and structured financing. Co-heading the department is Umut Kolcuoğlu, who leverages deep and diverse experience across finance transactions to advise a client base ranging from energy, infrastructure, and retail to the fintech, automotive, and e-commerce sectors. Co-head Hasan H. Yaşar showcases stellar expertise across cross-border and domestic markets, from derivatives, repo, and financing transactions to capital markets offerings, securitisations, and financial services.

Responsables de la pratique:

Umut Kolcuoğlu; Hasan H. Yaşar


Autres avocats clés:

Eda Saraçoğlu; İrem Cansu Demircioğlu Mercan


Les références

‘The Kolcuoğlu Team is very professional and has deep knowledge and expertise in their field. Preparation for the project, consulting, communication, planning and holding the processes are extremely helpful to our team.’

‘Hasan Yasar, İrem Cansu Demircioğlu Mercan and Eda Saraçoğlu were our consultants. They were always well-prepared for the meetings and discussions with the parties. They concluded the project at a very reasonable time and quality.’

‘The team stood out for their ability to balance deep technical expertise with pragmatic, solution-oriented thinking. Unlike many firms that can be rigid or slow to adapt, they approached our work with creativity, speed, and an unusually collaborative mindset. They understood our unique cross-border regulatory and operational challenges and consistently translated complex issues into clear, actionable paths forward. What differentiated them from others was a combination of breadth and flexibility: they brought together specialists across regulatory, corporate, and fintech domains, and worked as a genuinely integrated unit rather than siloed advisors. Their willingness to iterate on structures, test scenarios, and proactively identify risks gave us confidence we weren’t just checking boxes, we were building something sustainable.’

Principaux clients

J.P. Morgan Securities plc


Boyner Group (Altınyıldız)


Chailease International


D-Market (known as Hepsiburada)


Koton


Logo Software


London Forfaiting Company Limited


Nemo Apparel BV


Mubadala


Raiffeisen Bank SH.A.


QInvest LLC


Principaux dossiers


  • Advised Raiffeisen Bank Sh.A in connection with a EUR 110 million syndicated loan extended to Ayen As Energji Sh.A, the Albanian subsidiary of Ayen Enerji.
  • Advised D-Market (known as Hepsiburada) in connection with its F-20 filing with the U.S. Securities and Exchange Commission (SEC).
  • Advised Boyner Group in connection with a USD 20 million loan facility extended by Kirkoswald Capital Partners LLP to its subsidiary, Altınyıldız.

Okat Law

Established in 2021, the team at Okat Law has gone from strength-to-strength, demonstrating expertise at the intersection of capital markets, crypto assets and government affairs with banking and finance mandates. Practice leader Özge Okat   retains a leading reputation in both domestic and cross-border transactions, advising a client base of multinational banks, financial institutions, private equity firms, hedge funds and corporations. Drawing on former experience at the Capital Markets Board, Okat steers the group through regulatory and transactional issues, as well as covering equity and debt securities offerings, Islamic finance, derivatives, issuer-side IPOs and private placements.

Responsables de la pratique:

Yalçın Özge Okat


Les références

‘Okat has a diverse team, with members having capability in many areas. Such as due diligence expertise, tax recommendations, corporate law regulations etc.’

‘Mr Ozge Okat helped us close a very important deal with his extraordinary negotiation skills.’

Principaux clients

Seğmen Kardeşler Food Production and Packaging Industry A.Ş.


Gedik Investment Securities A.Ş.


Ak Portfolio Management A.Ş.


Amicorp Switzerland AG


Dinamik Investment Securities A.Ş.


Gelecek Asset Management A.Ş.


FT Real Estate and Venture Capital Portfolio Management A.Ş.


Nurol Portfolio Management A.Ş.


Başkent Securities A.Ş.


Principaux dossiers


  • Acted as the initial public offering (IPO) counsel of the issuer, Seğmen Food, providing legal services for the IPO of the Company shares.
  • Provided Amicorp Switzerland AG with legal services on restructuring, conversion to a regional administration centre, and time extension of the Client’s liaison office in Istanbul.
  • Provided Gedik Investment Securities A.Ş., which is a major brokerage company in Türkiye with a wide global and local client base, with legal services regarding revision of client agreements.

ÖzmenYalçin

With an exceptional capital markets offering, particularly within the high-end ECM and DCM space, ÖzmenYalçin is a strong adviser across domestic and international capital markets, reflected in its robust track record in advising on equity listings, public offerings, international bond issuances, MTN programmes, structured finance and regulatory capital transactions. Ömer Gökhan Özmen excels across high-value banking, finance and capital markets work, blending deep expertise in complex lending and project finance structures with sophisticated ECM experience. With longstanding experience in representing banks, financial institutions and multinational companies, Güneş Yalçın is a key port of call in structured finance, securitisation and cross-border lending. Murat Ayyildiz is well versed in capital markets law involving brokerage, asset management, and custody service.

Responsables de la pratique:

Ömer Gökhan Özmen; Güneş Yalçın


Autres avocats clés:

Murat Ayyıldız; Beril Çetin; Pelin Nida Sürmeli; Ege Altunışık; İris Erbil


Les références

‘They are fast, capable, experienced in many transactions with a wide variety of fields. Also, their services are more affordable compared to their competition. Each member of the team quickly responds that our mail is received and generally responds to our requests within the day.’

‘As a bank, we mostly benefit from Güneş Yalçın’s experience from the partners. He is always available when needed, easy to access via phone. Beril Cetin from the associates stands out for us specifically with contract related matters. Both are diligent.’

‘We have been working with Özmen Yalçın and their professionalism, expertise and responsiveness have consistently exceeded our expectations. They helped with many enquiries including contract drafting, legal risk assessment, and we always felt like we are in good hands.’

Principaux clients

QNB Bank A.Ş.


Limak Yenilenebilir Enerji A.Ş.


T.C. Ziraat Bankası A.Ş.


Akfen İnşaat Turizm ve Ticaret A.Ş.


Türkiye İş Bankası A.Ş.


Balsu Gıda Sanayi ve Ticaret A.Ş. (Balsu)


Şekerbank T.A.Ş.


Türkiye Vakıflar Bankası T.A.O.


Türk Eximbank


TSKB


ING Bank A.Ş.


Yeni Mağazacılık A.Ş.


Principaux dossiers


  • Advised İşbank on its USD 100 million inaugural issuance of digital native notes (DNNs) on Euroclear’s Digital Financial Market Infrastructure (D-FMI) using blockchain technology, the first Digitally Native Note (DNN) issuance in Türkiye.
  • Acted as lead counsel and assisted Akfen İnşaat, active in the construction and real estate development, in its respective initial public offering and listing on the Borsa Istanbul, at TL 38,70 per share value.
  • Acted as Local Counsel to Issuer and carried out GMTN Programme Yearly Update, Re-establishment/yearly update of the MTN programme of 6 of the biggest Turkish banks in their MTN Programmes including program updates, supplements, issuances and any other relevant matters.

TURUNÇ

Drawing on the bench strength of its representatives across Turkey and Washington DC, the group at TURUNÇ exhibits vast knowledge of regulatory and compliance work, routinely representing corporates and funds. Founding partner and practice head Noyan Turunç is highly reputable across banking, finance and capital markets law, leveraging valuable experience as general counsel within US multinational firms to handle complex, multi-jurisdictional financings, M&A, loans and compliance matters. Qualified in New York, Washington, and England and Wales, Kerem Turunç maintains a wide practice, acting for global lenders, borrowers and banks across the full spectrum of litigation matters. Adept in transactional mandates is İltem Dokurlar, who is a key port of call in cross-border M&A and finance deals. Ilgın Eroğlu Alyanak divides his time between Washington and Istanbul, taking a lead role in cases that sit at the intersection of Turkish and US law.

Responsables de la pratique:

Noyan Turunç; Ilgin Eroglu Alyanak; Kerem Turunç; İltem Dokurlar


Principaux clients

Enstall Group B.V.


Netcad


Taxim Capital


Gelecek Etki Venture Capital


Lycian Capital


Maxis


İş Yatırım Ortaklığı


Vektör Tanıtım


Venta Projects


Caffè Nero


Ataol Capital


Principaux dossiers


  • Provided banking and finance counsel to Netherlands-based Enstall Group B.V., Blackstone and Rivean Capital in connection with the acquisition of Schletter International, a Germany-based solar mounting systems manufacturer.
  • Assisting Netcad and Taxim Capital, Netcad’s majority shareholder, with the listing of Netcad on Borsa Istanbul—expected to be one of the largest IPOs in Turkey in recent years.
  • Advising Capital Markets Board-regulated Gelecek Etki Venture Capital with the due diligence, deal documentation and ongoing securities law compliance for all of the fund’s investments.

Atayilmaz Enkür Çetinkaya Öner (AECO) Law Office

Following its establishment in March 2024, the ‘solutions-focused, commercial and dedicated’ team at Atayilmaz Enkür Çetinkaya Öner (AECO) Law Office has rapidly made inroads into the finance market, attracting a diverse roster of banks and other financial institutions who credited the firm for its ‘great communication and process management’. The team is best known for its financing transactions, regulatory compliance, and distressed debt/restructuring work. Leading the group is co-founder Yafes Oner who is particularly visible in the financing of energy projects and companies, as well as PPP and construction projects. Alongside Oner, Fazıl Çiftçi utilises previous experience working with Turkish regulatory authorities and financial institutions to act in banking and litigation mandates. Darius Alam joined the firm in May 2024, bringing New York-qualified knowledge alongside deep M&A, venture capital and capital markets experience.

Responsables de la pratique:

Yafes Öner; Fazıl Çiftçi


Autres avocats clés:

Darius Alam


Les références

‘Extremely responsive, constructive and helpful.’

‘Solutions-focused, commercial and dedicated banking, finance and capital markets team. Always available, great at understanding and synthesizing issues in the broader deal context. Great communication and process management.’

‘Yafes Öner provided invaluable assistance on a complex multi-jurisdiction cross-border financing, working collaboratively, getting ahead of issues and ensuring smooth deal execution.’

Principaux clients

Saudi EXIM Bank


Victoria PLC


Conteyor International


Magfi


Principaux dossiers


  • Advised Victoria PLC regarding its refinancing of €488.9 million outstanding 3⅝% Senior Secured Notes due 2026 and €250 million 3¾% Senior Secured Notes due 2028.
  • Advised Victoria PLC on the refinancing of its existing super senior secured revolving facility due in February 2026 with a new GBP 130 million super senior facility.
  • Advised Saudi EXIM Bank on a $100 million financing arrangement executed with T.C. Ziraat Bankası A.Ş.

Akol Law

With a standout capital markets practice, Akol Law is recommended for its ‘seamless internal collaboration and an ability to mobilise resources quickly across practice areas’ and is regularly turned to by issuers, corporates, financial institutions, capital markets participants, shareholders and investors. Practice head Meltem Akol has vast experience across the full gamut of major capital markets mandates, focusing her practice on domestic and international IPOs, SPOs, ABBs, Eurobond issuances, lease certificate issues, warrant issues, and capital markets regulation. Skilled in handling IPO transactions is Denizhan Budak who is another key member of the team.

Responsables de la pratique:

Meltem Akol


Autres avocats clés:

Denizhan Budak; Arzum Hanım; Fulya Seyrenbasan


Les références

‘Akol Law worked on a few of our projects which required knowledge in banking, finance, construction, and international private law. The Akol team understood the details thoroughly and prepared documents which were tailored to our specific needs. Also, communication was smooth and efficient. Their team showed high knowledge and professional ethics during all the working process. I highly recommend Akol Law to anyone needing professional legal advice.’

‘People in the team are brilliant, communicative, responsive, collaborative, hard-working and transparent! They are motivated and dedicated to get things done! Particularly, Meltem Akol, Denizhan Budak, Fulya Seyrenbasan.’

‘Akol Law’s Banking, Finance and Capital Markets practice stands out in Istanbul for its exceptional combination of technical expertise, commercial insight, and client-oriented service. What makes the team unique is their ability to bridge international standards with deep local knowledge, which is critical in complex M&A and cross-border financing matters.’

Principaux clients

Penti (Penca)


Polifarma


Is GYO


Armada Foods


Çimko


Cevher Jant


Panda Aluminyum


Vaden


CCAO

CCAO maintains a strong client roster of domestic and international clients, benefitting from its close allegiance with Eversheds Sunderland, and frequently advises on a wide breadth of banking and finance mandates. Onur Taktak is well versed in a myriad of financings, including project and acquisition as well as structured financing and restructurings. Candemir Baltalı is a seasoned transactional and advisory banking lawyer.

Responsables de la pratique:

Onur Taktak; Candemir Baltalı


Autres avocats clés:

Halide Çetinkaya


Les références

‘They have deep expertise in banking and finance legislation as well as in the industry’s practice. This enables them to provide legal approaches that are both realistic and practically applicable.’

‘Beyond their professional expertise, they consistently demonstrate responsiveness, kindness and empathy. Their depth of knowledge, combined with their approachable manner, makes working with them both reassuring and highly effective.’

‘The team is market-leading, working on Turkey’s largest domestic and international transactions. They have deep knowledge of financing documentation – and their opinions carry weight working for leading investment banks and corporates.’

Principaux clients

JP Morgan Securities PLC


Aktif Bank


Alternatif Bank


AKA Bank


The Export-Import Bank of China (CEXIM)


Türkiye Sınai ve Kalkınma Bankası (TSKB)


Limak Group


Habib Bank AG Zurich


TAV Ege Terminal Yatırım Yapım ve İşletme A.Ş.


JP Morgan Chase Bank NA


Citibank, NA


Firstrand Bank Limited


ING Bank NV


Credit Europe Bank N.V.


DenizBank A.Ş.


Türkiye Halk Bankası A.Ş.


Garanti Bank BBVA


Akbank AG / Akbank T.A.Ş.


DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main


Fibabanka A.Ş.


Yapı ve Kredi Bankası A.Ş.


Türkiye İş Bankası A.Ş.


T. Vakıflar Bankası T.A.O.


T.C. Ziraat Bankası A.Ş.


Doğan Holding A.Ş.


Galata Wind Enerji A.Ş.


Çelebi Holding A.Ş.


Rönesans Holding A.Ş.


Cengiz Group


Koloğlu Group


Principaux dossiers


  • Advised the Lender (JP Morgan Securities PLC) on a USD 400 million loan amount granted by the Lender in order to finance the repayment of the current bonds of the borrower, Petkim Petrokimya Holding A.Ş., and to strengthen the short-term financial stability of the borrower.
  • Advised CEXIM in respect of a dual currency loan from the CEXIM to Vakıfbank (approx. USD 400mn), one of the largest public banks in Türkiye, which will be utilized by Vakıfbank to provide short and medium-term financing to enhance economic and trade cooperation between China and Türkiye.
  • Acted as only counsel to the client in connection with (i) the carrying of the previous facilities provided by the client under different general loan agreements to Knot Enerji Elektrik Üretim A.Ş. and Metafor Enerji Elektrik Üretim A.Ş. (“Borrowers”) in connection with their respective solar energy power plant projects under separate project finance agreement and (ii) provision of new facilities to the Borrowers for the financing of their new hybrid solar energy power plants.

DURUKAN+PARTNERS

Counting lenders and borrowers within its client roster, the ‘very good technical lawyers’ at DURUKAN+PARTNERS showcase strong knowledge across the banking, finance and capital markets sector, with capabilities in handling both domestic and cross-border complex financings. ‘First-class legal professional’ Begüm Durukan‘s wide expertise covers the financial services, energy, telecom, infrastructure and tourism sectors, where she sits as a pipeline for clients on restructuring and insolvency matters. Furkan Ergün is recommended for her role in secured and unsecured loan transactions, financings and export financing mandates.

Responsables de la pratique:

Begüm Durukan


Autres avocats clés:

Furkan Ergün


Les références

‘Very good technical lawyers who are able to take a commercial outlook and drive transactions to close.’

‘Begum Durukan has always given us first-rate support on transactions.’

‘Begum Durukan and her team have excellent legal knowledge and commercial acumen. They give clear and well-focused advice and work hard to understand the client’s goals.’

Principaux clients

FMO


Arab Bank plc- Algeria


European Arab Bank plc (EAB)


Emaar Properties PJSC


International Finance Corporation (IFC)


Ansaldo Energia SpA


Bank Med S.A.L and Arab Bank PLC


FTX


Plasform


European Bank for Reconstruction and Development (EBRD)


Principaux dossiers


  • Advises International Finance Corporation (IFC) from time to time in connection with financings extended to Turkish companies for the purposes of financing their projects or working capital needs.
  • Assisted Euroclear in its launch in Türkiye and continues to advise Euroclear in connection with the legal and regulatory aspects of the operations of the Euroclear clearance system in Turkey, which provides for wider foreign access to the local bond market.
  • Provided capital markets law advice to Imtis Holdings and LetterOne, in connection with issues of corporate governance and stake held in Turkcell (Turkey’s leading GSM operator and listed on Borsa Istanbul and New York Stock Exchange).

Egemenoglu

Egemenoglu leverages ‘hands-on experience across complex transactions and disputes’ to support major domestic and international clients across a wide range of financing agreements, acting independently as well as working seamlessly with its international partner firms. Co-head Yunus Egemenoğlu drives the practice, bringing strong insight into major restructuring and banking transactions, excelling in the retail, tourism, construction and textile sectors. Co-head Turan Doğan takes the lead on litigation and transactional matters, with a niche focus on financial institutions in the Bursa region.

Responsables de la pratique:

Yunus Egemenoglu; Turan Dogan


Les références

‘What makes this practice truly unique is the combination of deep experience, subject-matter expertise, and accessibility that the team consistently demonstrates. The lawyers bring many years of hands-on experience across complex transactions and disputes, which allows them to anticipate challenges and deliver practical solutions. Clients can rely on the team’s strong technical knowledge in their respective areas, ensuring that advice is not only legally sound but also commercially relevant.’

‘A distinguishing strength is accessibility: the team remains approachable and highly responsive, which is especially valued by clients operating in fast-paced and time-sensitive environments. This combination of expertise and availability builds trust and enables smooth collaboration.’

‘The individuals I work with stand out for their unique blend of professionalism, expertise, and dedication to client service. Each member of the team combines strong technical knowledge with a practical, solution-oriented mindset. This means that advice is not only accurate from a legal standpoint but also tailored to the commercial realities clients face.’

Principaux clients

Yapı Merkezi Holding A.Ş. and its subsidiary Yapı Merkezi İnşaat ve Sanayi A.Ş.


Uludağ İçecek Türk A.Ş.


Gama Recycle Sürdürülebilir Teknolojiler A.Ş.and Gama İplik Sanayi Anonim Şirketi.


Küçükçalık Tekstil Sanayi ve Ticaret A.Ş.


Zülfikarlar Holding.


Aroma Meyve Suları ve Gıda Sanayi A.Ş.


BOCCHI Il Bagno Per Tutti, operating under Sanikey Seramik Sağlık Gereçleri Sanayi ve Ticaret A.Ş.


Platin Kimya Mümessillik ve Dış Ticaret A.Ş.


Gülipek Kumaş ve İplik Ticaret ve Sanayi A.Ş.


FEKA Otomotiv Mamülleri Sanayi ve Ticaret A.Ş.


Principaux dossiers


  • Provided legal counsel to Uludağ İçecek, Turkey’s largest beverage company, in securing a EUR 25 million project financing from the European Bank for Reconstruction and Development (EBRD).

Erdem & Erdem Law Office

Housing a broad banking, finance and capital markets group, Erdem & Erdem Law Office demonstrates wide product coverage as well as regulatory insight and cross-border strengths, supporting clients across the finance, energy, infrastructure, aviation and ports sectors. Steering the team is Ercüment Erdem, who brings extensive experience in banking matters and capital market regulations, which enhances the group’s ability to act on construction and acquisition finance and refinancing, project finance and commercial banking transactions. Former co-heads İbrahim Onur Baysal and Ozgur Kocabasoglu left the firm in 2025.

Responsables de la pratique:

Ercüment Erdem


Les références

‘The team’s collaborative mindset further enhances the client experience, as matters are handled holistically, drawing on the strengths of different professionals within the firm as needed. Compared to other firms, this practice distinguishes itself through its responsiveness, depth of expertise, and ability to adapt to client needs without compromising on quality.’

‘The individuals we work with stand out for their expertise, accessibility, and solution-oriented mindset. Unlike many competitors, they combine strategic thinking with practical and timely execution. The partners and associates we’ve worked with inspire confidence through their clear communication and strong command of the matters at hand, making collaboration highly effective.’

‘Having expert legal professionals in their team and the ability to receive quick and effective responses from them makes a real difference. Thanks to their broad team of specialists, they are also able to provide support on interdisciplinary matters.’

Principaux clients

Karsan Otomotiv Sanayi ve Tic. A.Ş.


Moka Ödeme ve Elektronik Para Kuruluşu A.Ş.


Türkiye İş Bankası A.Ş.


İş Portföy Yönetim A.Ş.


Ata Turizm İşletmecilik Taşımacılık Madencilik Kuyumculuk Sanayi ve Dış Ticaret A.Ş.


Feka Otomotiv Mamülleri Sanayi ve Ticaret A.Ş.


Kardemir Çelik Sanayi A.Ş.


Deniz Eko Enerji ve Geri Dönüşüm A.Ş.


Hayri Ögelman Madencilik A.Ş.


Türkiye Şişe ve Cam Fabrikaları A.Ş.


Nurol Portföy Yönetimi A.Ş.


Ergün Avukatlik Bürosu

Maintaining a reputation for infrastructure deals, the ‘results-driven and collaborative’ team at Ergün Avukatlik Bürosu assists lenders, borrowers and sponsors with PPP, energy, healthcare and transportation projects. With ‘legal precision and business agility’, Çağdaş Evrim Ergün has a strong track record among sponsors and lenders, bringing expert knowledge in major projects. Praised by clients for ‘outstanding analytical skills and attention to detail’, Burcu Baltacıoğlu assists with the development and financing of major projects. Lara Sezerler brings a wealth of knowledge across capital markets work, notably handling public offerings and bond transactions. In January 2025, the firm was strengthened by the arrival of Gökhan Okan from Çakmak Attorney Partnership.

Responsables de la pratique:

Çağdaş Evrim Ergün; Burcu Baltacıoğlu; Gökhan Okan; Lara Sezerler


Autres avocats clés:

Pelin Ecevit; Öykü Su Karahan; Tuğba Aksoy Bozkurt; Irmak Yensel Nergiz


Les références

‘The individuals we’ve had the privilege to work with consistently stand out for their exceptional blend of legal expertise, commercial awareness, and collaborative spirit. What differentiates them from competitors is not just their technical proficiency, but their ability to apply that knowledge in a way that is pragmatic, strategic, and always aligned with our business objectives. Among the most impactful collaborators, Çağdaş Evrim Ergün has proven to be an exceptional asset to our deal-making processes. His ability to distil complexity into clear, actionable strategies, while maintaining both legal precision and business agility, consistently helped us stay ahead of potential challenges. His success in communicating this deal to the Treasury ensured the deal to move forward smoothly.’

‘Lara Sezerler brought clarity and structure to one of our most intricate transactions. Her sharp, practical legal insight and flawless coordination helped steer the team with steady focus. She combines strategic thinking with attention to detail in a way that keeps everything on track and moving efficiently. In particular, her specialization in capital markets enables us to navigate regulatory frameworks and complex financing structures with confidence and precision.’

‘Pelin Ecevit distinguishes herself through her deep expertise in motorway projects and security documentation. She is highly adept at identifying both legal and commercial risks early and offers compliant yet innovative solutions. Her reliability and proactive mindset made her an indispensable partner throughout.’

Principaux clients

UBS AG


Akfen Holding A.Ş., Akfen Yenilenebilir Enerji A.Ş. and 45 of Akfen Yenilenebilir’s subsidiaries


Nakkaş Otoyol ve Yatırım İşletme Anonim Şirketi (held by Rönesans Holding A.Ş. and Samsung C&T Corporation and other Korean Sponsors)


RNS PPP Altyapı Ticaret A.Ş. (owned by Rönesans Holding A.Ş.)


HSBC Bank Middle East Limited, HSBC Continental Europe S.A. Germany


J.P. Morgan


Dumlupınar Sağlık Hizmetleri A.Ş., Güriş Holding A.Ş, Güriş İnşaat ve Mühendislik A.Ş.


Akbank T.A.Ş.


Fernas Otoyol İşletmesi Anonim Şirketi, Fernas İnşaat Anonim Şirketi


Türkiye İş Bankası A.Ş.


Türkiye Sınai Kalkınma Bankası A.Ş.


Türkiye Kalkınma ve Yatırım Bankası A.Ş.


Türk Ekonomi Bankasi Anonim Şirketi


Principaux dossiers


  • Advised on a EUR 508,349,074 and GBP 230,000,000 multi-sourced financing for the conversion of Shotton Mill Limited into a leading, best-in-class containerboard and tissue paper manufacturer, comprised of ECA facilities supported by Finnvera plc, SERV Schweizerische Exportrisikoversicherung and UK Export Finance and commercial facilities.
  • Represented Rönesans Holding and Samsung (Sponsors) in relation to the development and financing of Nakkaş-Başakşehir, BOT Model Motorway Project.
  • Represented J.P. Morgan as the initial purchaser in relation to the issuance of secured amortising bonds, financing the BOT model Sarıyer-Kilyos Tunnel Project in Türkiye.

KILINÇ LAW & CONSULTING

Offering an end-to-end financing transactions practice, KILINÇ LAW & CONSULTING is a go-to for domestic entities, credit and finance institutions, venture capital investment funds, and foreign investors. Credited for ‘second to none’ expertise, Seray Özsoy Yavuz leads the team. Bengü Coşkun brings experience across the full gamut of financing transactions and frequently represents lenders, borrowers and sponsors. Gokce Ergun excels at the intersection of capital markets and M&A law, often leading on high-end transactional work.

Responsables de la pratique:

Seray Özsoy Yavuz; Bengü Coşkun; Gökçe Ergün; Levent Lezgin Kılınç


Autres avocats clés:

Nigar Guliyeva


Les références

‘Kılınç Law is the firm I work with the most and the one I trust the most. They are not just a law firm; they are true partners who understand our business inside out. What makes them unique is their accessibility and commitment. They are always available, even in the most critical moments, and they have an incredible ability to manage crises. I have seen them achieve things that seemed impossible. Another key strength is that we are always served by a very senior team, no juniors handling our matters, which gives us confidence that every detail is in expert hands.’

‘Levent Lezgin Kılınç is exceptional. He is always just a phone call away, no matter the time or situation. In crisis moments, he delivers outstanding results and makes the impossible happen. His background as someone who previously worked in a similar in-house counsel role makes him a perfect fit for understanding our needs.’

‘Seray Özsoy is another standout. We have closed many major projects together, often working day and night. Her expertise in finance and banking is second to none, and she is widely recognized as a leading name in this area. Her dedication and ability to deliver under pressure make her an invaluable part of the team.’

Principaux clients

Turkcell Telecommunications


Superonline Telecommunications


Turkcell Finansman A.Ş.


Turkcell Energy


Bizim Menkul Değerler (Intermediary Institution)


Pasha Investments LLC


Principaux dossiers


  • Advised Turkcell Telecommunications on a USD 350 million export credit agency financing from China Development Bank (CDB), backed by the Chinese Export Credit Agency, Sinosure.
  • Advised Turkcell Finansman on a TRY 1.5 billion trade based sukuk issuance in the local market.
  • Advised TDC Data Center in connection with a €100 million project financing murabaha facility provided by Emirates NBD (ENBD).

KST Law / Kinstellar Istanbul

Leveraging its integration with Kinstellar to deliver multi-jurisdictional advice to leading global banks, financial institutions and investors navigating complex and regulated Turkish transactions, KST Law / Kinstellar Istanbul distinguishes itself through its work on syndicated and structured lending, cross-border acquisition and project finance, bank M&A, and high-stakes regulatory mandates. With an ‘outstanding international background and expertise’, co-head Edmund Emre Özer is a go-to for clients in the banking and financial services, energy, and TMT sectors. Also serving a range of sectors is co-head Mert Elçin, who excels in navigating cross-border banking, financing and capital markets transactions.

Responsables de la pratique:

Edmund Emre Özer; Mert Elçin


Autres avocats clés:

Helin Akbulut; Eren Ertem


Les références

‘What sets them apart is the way they combine strong legal expertise with a clear understanding of our business needs. They spot regulatory and market issues early, which helps us move faster and with more confidence. The team has a well-renowned banking practice. We particularly value their expertise in cross-border international transactions.’

‘Partner Edmund Emre Özer is very effective in negotiations and has an outstanding international background and expertise. He not only protects our position but also manages to keep discussions constructive with counterparties. Eren Ertem brings strong sector and regulatory knowledge and makes sure that all details are carefully managed.’

‘We worked with KST Law on Turkish matters connected with our primarily Czech-based transaction. Since Turkish law is completely unknown to us, we appreciated seamless cooperation of KST Law with Czech Kinstellar office, which enabled to execute the transaction successfully.’

Principaux clients

Barclays Capital Securities Limited


Commerzbank


EBRD


Komercní bank


Limak


Mutlu Akü


Partners for Growth VI, LP (PFG)


PvX Partners Pte. Ltd.


Quexco Incorporated


RMA Altinay


Torunlar Group


Principaux dossiers


  • Advised Quexco Inc., a US-based diversified private holding company with investments in the lubricants and battery sectors, in connection with a secured refinancing and capex loan facility provided by Garanti BBVA, Vakifbank, and Ziraat Bank to its Turkish subsidiary, Mutlu Akü to fund growth and expansion of this leading battery producer.
  • Advised Komercní banka, a Czech subsidiary of Société Générale, on the acquisition financing loan provided to Future Life for its acquisition of Bahçeci Clinic, a leading fertility and reproductive health group in Turkey.
  • Advised PvX Partners Pte. Ltd. on the Turkish law aspects of cross-border financing structures for the investments.

Lexist Law Firm

Noted for its capabilities in regulatory banking mandates, Lexist Law Firm fields a group that is a pipeline for banks and financial institutions, infrastructure investors, private equity funds, government bodies, international law firms, and corporate issuers in capital markets. Practice head Murat Erbilen takes a leading role in finance mandates, leveraging his previous experience as a banker to advise in high-stakes projects. Duygu Öztürk Dinçer is a go-to for project finance matters involving regulated sectors.

Responsables de la pratique:

Murat Erbilen


Autres avocats clés:

Duygu Öztürk Dinçer


Principaux clients

IC Holding


Aydın Group


Artemis Halı A.Ş.


Efor Çay San. Tic. A.Ş.


Birleşim Grup Enerji Yatırımları A.Ş.


Principaux dossiers


  • Advising IC Holding as the Project Company and also the Issuer of the award-winning Kilyos PPP Project Bond Financing.
  • Advising Efor Holding simultaneously on its recent acquisition and the acquisition financing of an international coffee brand. The team previously advised the Client on its IPO.
  • Advising on the establishment of a Turkish digital participation bank (TOM) and the minority sale of the bank to Dubai Islamic Bank.

Özdirekcan Dündar Senocak Ak in partnership with Gide Loyrette Nouel

With the team routinely advising major international banks and financial institutions, Özdirekcan Dündar Senocak Ak in partnership with Gide Loyrette Nouel’s practice is recognised for its expertise in structuring foreign and domestic financings, spanning refinancing, insolvency, project and acquisition finance, structured and syndicated lending, bond issuances, aircraft finance and climate-aligned credit facilities. Jointly spearheading the group is Arpat Senocak, who focuses on regulated sectors such as financial services and energy, alongside Bülent Özdirekcan who is a key contact for listed or non-listed companies on the stock exchange, with private or public capital.

Responsables de la pratique:

Arpat Şenocak; Bülent Özdirekcan


Les références

‘The team can speak English, French and Turkish, which is valuable to French clients. They mobilise several lawyers on the same project, allowing for complementary expertise. They are highly technical and follow projects closely. They are able to think outside the box and present data in the form of tables. The team is very reactive and attentive to client’s needs.’

‘Their knowledge of French clients through their dealing with Gide France and their knowledge of Turkish courts and law.’

Principaux clients

Credit Lyonnais


International Finance Corporation


Altilis


Skandinavska Enskilda Banken


AFD


ALD International


SG Hambros


PJSC Rosbank


European Bank for Reconstruction and Development


T. İş Bankası


BNP Paribas Cardif Sigorta


Türkiye Sigorta


The Export-Import Bank of China


Euler Hermes


Ak Gida


Proparco


İzocam


Principaux dossiers


  • Advised Proparco, a French development finance institution, on a EUR 50 million credit facility to Yapı Kredi Leasing (YKL).
  • Advised Proparco, a French development finance institution, on a EUR 100 million credit line extended to Türkiye İş Bankası to support its dual focus on climate-related lending and SME financing.
  • Advised Société Générale Milano, a branch of Groupe Société Générale in Italy, concerning a cross-border financial lease of EUR 100M+ delivered to SunExpress, a joint venture formed between Turkish Airlines and Lufthansa.

Pekin & Pekin

Counting local and international banks, conglomerates, investment firms, and public companies within its client roster, Pekin & Pekin is noted for its capabilities across the full range of banking, finance and capital markets transactions. The team is jointly led by reputable corporate and financial lawyer Fethi Pekin and Jülide İpek Hançer, who was promoted to partner level in January 2025, and brings deep expertise across secured and unsecured financing structures.

Responsables de la pratique:

Fethi Pekin; Jülide İpek Hançer


Les références

‘Definitely one of the best teams in the Turkish Banking and Finance market. Responsive, professional and reliable.’

‘Responsiveness, professionalism and responsibility are keywords for the individuals at Pekin.’

Principaux clients

Citigroup Global Markets Inc.


Société Générale


J.P. Morgan Securities plc


Goldman Sachs International


Morgan Stanley & Co. International Plc.


BNP Paribas


Merrill Lynch International


HSBC Bank plc


Morgan Stanley & Co. International plc


Standard Chartered Bank


Principaux dossiers


  • Acted for underwriters Banco Bilbao Vizcaya Argentaria, S.A., Citigroup Global Markets Inc., Goldman Sachs International, Morgan Stanley & Co. International plc, Deutsche Bank AG, London Branch, HSBC Bank Plc, J.P. Morgan Securities plc, Société Générale, BNP Paribas, and Standard Chartered Bank on Republic of Türkiye’s Eurobond issuances amounting to a total of USD 11,250,000,000.

Pekin Bayar Mizrahi

Pekin Bayar Mizrahi is highly regarded for its skill set across a broad array of financing structures, described by clients as providing legal advice that is ‘not only legally sound but also commercially strategic’ across complex, domestic and cross-border banking, finance and capital markets projects. The team benefits from its close collaboration and strategic alliance with Norton Rose Fulbright’s network of offices. Co-head Selin Bayar offers significant experience at the intersection of capital markets legislation with banking and finance. Co-head Utku Ünver is well-equipped to seamlessly combine local law and international law expertise in cross-border financings. Meral Arabacı is a seasoned litigator whose practice focuses on corporate restructuring, debt restructuring and insolvency. Ceylan Necipoğlu is another key figure within the group.

Responsables de la pratique:

Selin Bayar; Utku Ünver


Autres avocats clés:

Meral Arabacı; Ceylan Necipoğlu


Les références

‘The practice stands out for its combination of deep technical expertise and practical business acumen, ensuring that legal advice is not only legally sound but also commercially strategic. Unlike many firms that approach matters in a rigidly legalistic manner, Ceylan Necipoğlu’s team integrates regulatory insight, market awareness, and client-centric adaptability. Potential clients would value the team’s reputation for delivering solutions that are both innovative and pragmatic, particularly in complex cross-border, regulatory, and transactional matters.’

‘Ceylan Necipoğlu herself is a standout partner whose strategic clarity, intellectual rigour, and unwavering client focus set her apart. She combines exceptional legal craftsmanship with commercial intuition, making her advice both reliable and impactful. Her ability to navigate multi-layered regulatory landscapes while offering clear, actionable guidance is a rare quality that clients deeply value.’

‘Prompt, practical legal advice and solutions oriented approach.’

Principaux clients

HSBC Bank Middle East


Danske Bank


Vepara


Sipay


International Finance Corporation


Benefit Systems S.A.


Emirates NBD


ING Bank


Cassa Depositi Prestiti


Africa Finance Corporation


Asian Infrastructure Investment Bank


Pfizer Türkiye


Principaux dossiers


  • Advised syndicate of 14 banks, including Emirates NBD on the USD 500 million financing of Beko B.V.
  • Advised Africa Finance Corporation on its first financing into a Turkish energy company, Aksa Enerji, for projects across Ghana, Senegal and Ivory Coast.
  • Advising IFC, AIIB and AFD on a EUR 300 million financing for one of Türkiye’s largest municipal wastewater treatment projects.

Pelister Keki Sarac & Co

The team at Pelister Keki Sarac & Co is best recognised for its NPL transactions, cross-border secured lending and financial restructurings, routinely acting for a client base of domestic and international banks and investors. Recently, the firm has strengthened its digital assets, fintech and sustainable finance focus. Jointly leading the group is Kerim Pelister, who has a strong track record in handling significant and highly complex M&A, restructurings, banking and finance, and energy transactions, alongside Emre Keki, who is a go-to for energy, real estate and financing matters.

Responsables de la pratique:

Kerim Pelister; Emre Keki


Autres avocats clés:

Dicle İriz


Les références

‘The team is available, result-oriented, practical as well as professional.’

‘Kerim Pelister has been in the sector for more than 20 years, his quality of work, his team management, his flexibility and his communication skills are exceptional. He likes to think outside the box and provides results in a speedy manner.’

‘We recently had a chance to work with Dicle İriz in a recent deal, she was very quick and cooperative.’

Principaux clients

QNB Finans Leasing A.S.


QNB Bank A.S.


International Finance Corporation (IFC)


ETC/Collecturk


Sekerbank


Halkbank


Vakıfbank


Akfa Group


Zvilo


Eldor Corporation


Clarastra


Vitus


Syntaxis Capital


Odeabank


Yılmaz Ulusoy Holding


Arven Pharmaceuticals


Eurocity


ABK Textile


HDI FİBA Emeklilik


FİBA Sigorta


Fexobit


Last Crumb (Cookies Inc.)


Principaux dossiers


  • Advised the World Bank on Türkiye’s inclusion in the 2025 B-READY Report, providing expert input on Customer Due Diligence (CDD) and loan risk frameworks to benchmark financial regulatory environments across 100+ jurisdictions.
  • Advised QNB Bank A.Ş. on the sale of a non-performing loan portfolio, leading the entire process from portfolio structuring to auction execution and closing.
  • Advised HDI Fiba Emeklilik, part of the global Talanx Group, on the design and implementation of internal compliance and financial governance frameworks, including CDD, AML/CTF obligations, and regulatory reporting processes.

YBK Law Firm in Cooperation with CMS

With strong credentials in capital markets work, the team at YBK Law Firm in Cooperation with CMS is well-positioned to advise both issuers and shareholders across IPOs and capital increases, regularly overseeing compliance with Turkish regulations. Managing partner Döne Yalcin routinely represents a domestic and international client base on a wide range of financings, loans, regulatory matters and financial restructuring processes. Hülya Kemahlı leverages her experience at the Capital Markets Board of Turkey to offer an expert level of insight into capital markets regulation. Co-founder Alican Babalıoğlu excels when financing and corporate elements meet. Alaz Eker Ündar Ündar showcases particular talent in restructurings, financings and ESG-related transactions.

Responsables de la pratique:

Döne Yalçın; Hülya Kemahlı; Alican Babalıoğlu; Alaz Eker Ündar


Les références

‘Great experience.’

‘Professional and strong follow up.’

‘They were very experienced at capital markets law and applications. They also helped us with communication with governmental institutions. They were also flexible with billing.’

Principaux clients

Datagroup Holdings Limited


Kale Jet Motorları Sanayi A.Ş.


Fenerbahçe Futbol A.Ş.


Birlik Mensucat Ticaret ve Sanayi İşletmesi A.Ş.


Zorlu Yenilenebilir Enerji A.Ş.


Euro Cube Private Limited


Lila Kağıt Sanayi ve Ticaret A.Ş.


Principaux dossiers


  • Advised Datagroup Holdings Limited on a USD 435,000,000.00 cross-border financing supported by EBRD and IFC, including Turkish legal advice on collateral and enforceability.
  • Advised Euro Cube Private Limited, the sole selling shareholder, on the IPO of Rönesans Gayrimenkul Yatırım A.Ş., including Turkish law compliance, prospectus amendments and coordination of cross-border legal documentation between Türkiye and Singapore.
  • Advised Lila Kağıt Sanayi ve Ticaret A.Ş. on its IPO, including shareholder agreement drafting, regulatory filings, and legal documentation aligned with Türkiye’s new inflation-adjusted accounting standards.

Balioglu Hukuk Bürosu

Spearheaded by founder Dilek Balioglu, Balioglu Hukuk Bürosu is a specialised capital markets and financial regulatory boutique, housing a team of experts trusted to act in complex and high-stakes transactions. Balioğlu brings a wealth of experience handling IPOs and advising on multibillion-lira transactions across capital markets, banking and finance, and M&A. Nizamettin Ucak is a key name within the regulatory space.

Responsables de la pratique:

Dilek Balioğlu


Autres avocats clés:

Nizamettin Ucak


Les références

‘Balioğlu Law Firm offers a rare blend of deep regulatory expertise and practical, business-minded support. What sets the team apart is their strong grasp of capital markets law, combined with their ability to offer clear, actionable advice under tight timelines. They are highly responsive, collaborative with other advisors, and always one step ahead in identifying legal risks and offering strategic solutions. Compared to other firms we have worked with, Balioğlu stands out with their hands-on partner involvement, knowledge of regulatory expectations, and their ability to deliver results without overcomplicating processes.’

‘The individuals we worked with at Balioğlu Law Firm were consistently accessible, knowledgeable, and proactive. Their ability to translate complex regulatory requirements into practical solutions was a key strength throughout our IPO process. In particular, founding partner Dilek Balioğlu stands out for her exceptional experience with the Capital Markets Board and her ability to anticipate regulatory expectations before they arise. Her strategic guidance was instrumental during critical stages. We also valued the clarity and responsiveness of the associates we worked with. They were detail-oriented, well-prepared, and worked seamlessly with our internal team and financial advisors. Compared to other firms, Balioğlu Law Firm’s team members demonstrated a higher level of engagement and commercial understanding.’

‘As a team, they are meticulous in their work and have a synergy that constantly monitors and implements developments and innovations.’

Principaux clients

Fibabanka A.Ş.


Fiba Yatırım Menkul Değerler A.Ş.


Neo Yatırım Holding A.Ş.


Neo Portföy Yönetimi A.Ş.


Anadolu Birlik Holding A.Ş. (TORKU)


CW Enerji Mühendislik Sanayi ve Ticaret A.Ş.


Elin Elektrik İnşaat Müşavirlik Proje A.Ş.


Alves Kablo Sanayi ve Ticaret A.Ş.


Blupay Menkul Değerler A.Ş.


CLTS Kripto Varlık Alım Satım Platformu A.Ş.


Durukan Şekerleme Sanayi ve Ticaret A.Ş.


Karaca Züccaciye Ticaret ve Sanayi A.Ş.


Karaca Finans A.Ş.


Investag Co Finansal Teknolojiler A.Ş.


Mada Ventures Finansal Girişim Danışmanlık A.Ş.


PTTEM Teknoloji Ve Elektronik Hizmetleri A.Ş.


Ayes Çelik Hasır ve Çit Sanayi A.Ş.


Mega Metal Sanayi ve Ticaret A.Ş.


Meka Global Makine İmalat Sanayi ve Ticaret A.Ş.


Fibabanka A.Ş.


Fiba Yatırım Menkul Değerler A.Ş.


Neo Yatırım Holding A.Ş.


Neo Portföy Yönetimi A.Ş.


Anadolu Birlik Holding A.Ş. (TORKU)


CW Enerji Mühendislik Sanayi ve Ticaret A.Ş.


Elin Elektrik İnşaat Müşavirlik Proje A.Ş.


Alves Kablo Sanayi ve Ticaret A.Ş.


Blupay Menkul Değerler A.Ş.


CLTS Kripto Varlık Alım Satım Platformu A.Ş.


Durukan Şekerleme Sanayi ve Ticaret A.Ş.


Karaca Züccaciye Ticaret ve Sanayi A.Ş.


Karaca Finans A.Ş.


Investag Co Finansal Teknolojiler A.Ş.


Mada Ventures Finansal Girişim Danışmanlık A.Ş.


PTTEM Teknoloji Ve Elektronik Hizmetleri A.Ş.


Ayes Çelik Hasır ve Çit Sanayi A.Ş.


Mega Metal Sanayi ve Ticaret A.Ş.


Meka Global Makine İmalat Sanayi ve Ticaret A.Ş.


Principaux dossiers


  • Advised CW Enerji on one of Türkiye’s most significant public offerings in recent years. In May 2023, the company completed its IPO with a transaction size of TRY 3.3 billion, attracting total demand of TRY 13.5 billion—4.97 times the offering size—and participation from 2.24 million individual investors.
  • Secured Capital Market Board approval for a transaction valued at TRY 1.78 billion for the listing of one of the world’s leading producers of superfine copper wire.
  • Advised Neo Portföy Yönetimi A.Ş. on the establishment of Türkiye’s first Project Real Estate Investment Fund following the Capital Markets Board’s 2024 regulatory amendments.

Berker Berker Law Firm

Berker Berker Law Firm  stands out for its banking and finance capabilities, often handling loan restructurings, cross-border enforcement actions, insolvency disputes, and asset-backed recovery strategies. The team is led by the highly experienced Ahmet Berker, who regularly acts for domestic and international banks, financial institutions and corporate creditors.

Responsables de la pratique:

Ahmet Berker


Principaux clients

Süleyman Caner Lojistik Ltd.


Burgan Bank A.Ş.


Burgan Leasing A.Ş.


Vittoria Trade Ltd.


Medika Medizintechnik GMBH


Yener Gıda Ve Endüstriyel Kimya Ve Ticaret A.Ş.


Süleyman Caner Lojistik Ltd.


Burgan Bank A.Ş.


Burgan Leasing A.Ş.


Vittoria Trade Ltd.


Principaux dossiers


  • Represented a foreign medical technology company in enforcement proceedings and litigation related to the collection of outstanding receivables from a company based in Türkiye.
  • Advised a long-term client in the automotive industry on conducting general assembly meetings, consultation on the expansion of their business and the foundation process of new subsidiaries in the hospitality sector.
  • Advised banks on complex cross-border loan agreements worth over 150 Million USD.

Çigdemtekin Aranci Günes

Çigdemtekin Aranci Günes is home to a team of industrial and energy experts, who frequently act in cross-border financing projects and transactions, advising on regulatory compliance under Turkish law. Co-head Gamze Çiğdemtekin exhibits strong knowledge in complex financial structures, securities regulations and capital market instruments. Fellow co-head Ayça Arancı steers her transactional and advisory practice towards banking, corporate finance and regulatory compliance.

Responsables de la pratique:

Gamze Çiğdemtekin Ozer; Ayça Arancı


Les références

‘The Banking, Finance, and Capital Markets team at Çiğdemtekin Arancı Güneş stands out for its exceptional combination of technical expertise, commercial acumen, and practical problem-solving. They deliver clear, timely, and business-oriented advice that goes beyond legal interpretation and directly supports strategic decision-making.’

‘The team is highly collaborative, seamlessly integrating with client in-house teams and demonstrating a strong grasp of both local and international market practices. Their ability to adapt quickly to evolving regulatory landscapes, combined with innovative use of technology and efficient project management, makes them unique among peers. Clients benefit from their transparent billing, responsiveness, and commitment to diversity and excellence.’

‘The Banking, Finance, and Capital Markets team at Çiğdemtekin Arancı Güneş stands out for its exceptional combination of technical expertise, commercial acumen, and practical problem-solving. They deliver clear, timely, and business-oriented advice that goes beyond legal interpretation and directly supports strategic decision-making.’

Principaux clients

Cevher Jant A.Ş.


CEECAT Capital Limited


EGESIM Group


Lydia Holding A.Ş.


Principaux dossiers


  • Advised Lydia Holding A.Ş. and other minority shareholders in a landmark public M&A transaction involving the acquisition of a majority stake in Ufuk Yatırım from Yıldız Holding, navigating a highly complex regulatory landscape under Turkish Capital Markets Law.
  • Advise Onlayer Bilişim Teknolojileri A.Ş., fintech software company behind PCI Checklist, a cloud-based compliance platform used by banks and payment institutions to support PCI DSS adherence, on regulatory strategy and product structuring under Turkish banking, BDDK, and e-payment systems legislation.

Cukur & Partners

Cukur & Partners acts for a roster of lenders, borrowers, financial institutions and corporates on domestic and cross-border financing needs. The scope of the work is broad and includes lending, asset finance, project finance, real estate finance, capital markets transactions, leasing and refinancing. Founder Devrim Cukur brings strong experience in complex M&A and corporate finance transactions. İrem Soyman Alevok heads the team and excels in navigating legal and regulatory frameworks for international clients operating in Turkey.

Responsables de la pratique:

İrem Soyman Alevok


Autres avocats clés:

Devrim Cukur


Principaux clients

T.O.M. BANK


SMARTPAY ELEKTRONİK PARA


TERA YATIRIM BANKASI


HABIBBANK LIMITED MERKEZI PAKISTAN – İSTANBUL TÜRKIYE CENTRAL BRANCH


HALK YATIRIM


EMLAKJET İNTERNET HIZMETLERI VE GAYRIMENKUL DANIŞMALIĞI ANONIM ŞIRKETI


MITSIBISHI ELECTRIC CORP. TURKEY


CHEF SEASONS


MCC KORSINI


MAGVATECH


METSER


NUTRECO


TESPO


TANYER YAPI


Principaux dossiers


  • Advised and provided end-to-end legal assistance to T.O.M. Katılım Bankası on a Sukuk Issuance Ceiling Application before the Capital Markets Board of Turkey.
  • Advised and provided end-to-end legal assistance to Smartpay on licensing and regulatory compliance before the Central Bank of the Republic of Turkey.
  • Advised and provided end-to-end legal assistance to Tera Yatırım Bankası on ongoing legal support for a regulatory, operational, and governance affair.

Ersoy Bilgehan Lawyers & Consultants

Counting both lender-side and borrower-side clients in its roster, Ersoy Bilgehan Lawyers & Consultants fields a ‘business-oriented’ team with skills in asset-backed financing, cross-border lending and financial leasing transactions, often sitting as Turkish co-counsel to advise on Turkish law aspects. Zihni Bilgehan brings expertise across a wide range of banking and finance matters, and is valued by blue-chip companies seeking advice on investment strategies in Turkey. Emre Ersoy is a go-to for lenders with financing structures involving Turkish counterparties or providers.

Responsables de la pratique:

Zihni Bilgehan; Emre Ersoy


Les références

‘Specialized Expertise: The team is composed of professionals having years of experience in the marine sector, with effective solutions tailored to client needs. Client-Centric Approach: The practice emphasizes personalized service, ensuring that each client receives attention aligned with their strategic goals and operational realities. Boutique Attention with Big-Firm Capability, They are innovative: Client-Focused Solutions Always in collaboration.’

‘We appreciate the accessibility of senior partner Emre Ersoy. The strategic foresight that comes from years of experience. The firm’s agility and personalized service make it particularly attractive to businesses seeking a long-term legal partner rather than transactional support.’

‘The team is very knowledgeable and experienced in this topic. They are straight to the point. With the gained trust by the financiers, the transactions are very smooth.’

Principaux clients

UBS


BNP Paribas


China State Shipbuilding Corporation


Chailease International Financial Leasing


Aviation Industry Corporation of China (AVIC)


China Industrial Bank (CIB)


Yingxing Financial Leasing


Minsheng Financial Leasing


Modern Karton


Eren Energy Group


Dedeman Hotels & Resorts


Principaux dossiers


  • Advised Dedeman Holding on the restructuring of a USD 200 million facility with Denizbank.
  • Advised Modern Karton on a landmark €356 million ECA-backed buyer credit facility for its PM6 paper plant.
  • Advised CIMC Financial Leasing on the Turkish law aspects of a cross-border sale and leaseback transaction with an overall value of USD 100 million.

Gökçe

Leveraging strong ties with local and international banks, particularly in the tech and digital business sectors, Gökçe has good credentials across a range of banking, finance and capital markets transactions. Görkem Gökçe stands out for his skills across the energy and infrastructure sectors as well as within acquisition and real estate financings.

Responsables de la pratique:

Görkem Gökçe


Güleryüz & Partners

The team at Güleryüz & Partners is well-equipped to advise local and international banks on domestic and international financing and capital markets transactions, bringing ‘a super combination of entrepreneurial orientation with excellent academics and thoughtfulness’. Tarık Güleryüz steers the team by drawing on extensive experience in complex regulatory, transactional and contentious matters within the financial sector. Nesil Türker is well versed in the full gamut of financing mandates, with a particular focus on credit contracts.

Responsables de la pratique:

Tarık Güleryüz


Autres avocats clés:

Nesli Türker


Les références

‘A super combination of entrepreneurial orientation with excellent academics and thoughtfulness.’

‘They were effective in pushing for a sensible and commercial solution. The firm’s entrepreneurial strengths helped achieve the positive result.’

‘I am extremely satisfied with the team. They worked with great efficiency and made excellent use of time, ensuring that every stage of the process was managed smoothly. Each member demonstrated a high level of expertise in their respective fields, combining professionalism with practical, results-oriented advice.’

Principaux clients

Vakıf Finansal Kiralama A.Ş.


Bank ABC


Şekerlisoy Group


Ayaş Truva Turizm İnşaat A.Ş


İŞ Finansal Kiralama A.Ş.


Vakıf Leasing A.Ş.


Odeabank A.Ş.


Akbank TAŞ


Türkiye Finans Katılım Bankası Anonim Şirketi


Vakıf Katılım Bankası A.Ş.


Türkiye Emlak Katılım Bankası A.Ş.


Principaux dossiers


  • Advised Vakıf Finansal Kiralama A.Ş. on a dual tranche cross-border financing of USD 75 million and EUR 5 million arranged by Arab Banking Corporation (B.S.C.) and ABC Islamic Bank (E.C.), involving both Islamic (Murabaha) and conventional facilities.
  • Advised Vakıf Finansal Kiralama A.Ş. on a EUR 50 million bilateral loan facility with ABC International Bank plc, documented under the BAFT standard Master Loan Agreement, including issuance of a comprehensive Turkish legal opinion.
  • Advised a diverse range of Turkish clients, including financial leasing companies, participation banks, conventional banks, and large-scale corporates, in connection with cross-border financing transactions governed by English law.

KECOS

The ‘solution-oriented’ group at KECOS steers its focus to banking, finance, regulatory and capital markets, assisting a client base of financial institutions, fintech, pension and investment funds. Credited for her ‘professionalism and collaborative style’, Eda Beltan Deveau steers the group, leveraging her close ties with international and local clients to offer full-service advice on regulatory issues and cross-border finances, as well as providing Turkish law advice.

Responsables de la pratique:

Eda Beltan Deveau


Les références

‘Eda Beltan Deveau provides clear, high-quality advice and is always quick to respond to our queries.’

‘We have worked exclusively with Eda Beltan, and she has impressed us with her attention to detail, promptness in her responses as well as overall availability, and her command of technical detail.’

‘I was impressed by their deep expertise, commercial mindset, and solution-oriented approach. What stood out most was their responsiveness and clarity, they always provided concise, practical advice tailored to our business needs, without losing sight of the broader strategic picture. In addition, the other parties in the deal were very demanding and Ms. Eda Beltan navigated these requests (which were mostly off-market requests) with ease, which gave our team confidence throughout the process. Their professionalism and collaborative style made negotiations smooth and efficient. I would highly recommend Ms. Eda Beltan and KECO Legal for any high-value banking and finance matters.’

Principaux clients

Ünlü Yatırım Holding (UnluCo)


Blupay Menkul Değerler / Blutrade Kripto Varlık Alım Satım Platformu (collectively, “ORTAK”)


Karbontürk


Aras Kargo


Citio


Cypher Games


Erguvan


Feraset Yazılım


Flow Games


Hiwell


Imros


Principaux dossiers


  • Advised Karbontürk in its financing for construction of production facilities for the purposes of production of active carbon from biomass including an integrated biomass power plant.
  • Advised Flow Games and its founders in its USD 2,600,000 investment round.
  • Advised Feraset and its founders in its USD 4,500,000 investment round.

LBF Partners

Showcasing particular strengths in the IPO space, LBF Partners is a go-to for an issuer-focused client base. Heads Nusret Cetin and Elif Çopur Çelebi are key players for capital markets institutions, providing an end-to-end service, from navigating regulatory requirements to integrating international structures into the Turkish market. The team is also capable of handling banking and finance mandates.

Responsables de la pratique:

Nusret Çetin; Elif Çopur Çelebi


Les références

What distinguishes LBF Partners and why they’ve remained our trusted legal advisors over the years—is their unmatched ability to understand the nuances of our business. I’ve worked with many legal professionals, but very few truly comprehend the inner workings of the finance sector the way LBF does. Their insights go far beyond the legal framework. They understand the commercial pressures we face, the regulatory landscape we operate in, and the strategic priorities that guide our decisions. This makes their advice not only technically sound, but highly practical and aligned with our goals. Frankly, it’s rare to work with a legal team that consistently delivers this level of quality. LBF anticipates challenges before they arise and provides solutions that are both effective and forward-thinking. Their contribution is not just transactional; it’s deeply strategic. Their performance to date has been exceptional, and we consider them not just legal counsel, but a critical extension of our leadership team. We look forward to continuing this highly successful collaboration for many more years to come.’

‘Whenever we encountered significant challenges in cross-border financing deals, LBF’s guidance provided us with clear direction and confidence. Nusret’s strategic approach, grounded in his deep regulatory expertise, helped us address critical issues early on before they became obstacles. Meanwhile, Elif’s meticulousness and effective collaboration with all parties ensured that every document upheld the highest legal and financial standards.’

‘We consistently turn to LBF Partners for expert advice on our banking and finance needs. Their comprehensive assistance—covering everything from transaction structuring and regulatory compliance to detailed documentation—reflects a rare combination of sharp legal expertise and profound industry understanding. Their ability to break down complicated matters and highlight the key points for investors, regulators, and our leadership team has been essential. LBF Partners transforms complexity into clarity.’

Principaux clients

CB GAYRIMENKUL FRANCHISING PAZARLAMA VE DANIŞMANLIK HİZMETLERİ ANONİM ŞİRKETİ (MASTERTURK GRUBU)


V PORTFÖY YÖNETİMİ A.Ş.


FREEDOM YATIRIM MENKUL DEĞERLER A.Ş.


COLENDİ BANK A.Ş.


İŞ YATIRIM MENKUL DEĞERLER A.Ş.


COLENDİ MENKUL DEĞERLER A.Ş.


KONTROLMATİK TEKNOLOJİ ENERJİ VE MÜHENDİSLİK A.Ş.


ÖZLEM TARIM ÜRÜNLERİ A.Ş.


VAKIF FAKTORİNG A.Ş.


ÖZYAŞAR TEL VE GALVANİZLEME SANAYİ A.Ş.


ASTOR ENERJİ A.Ş.


NUROL PORTFÖY YÖNETİMİ A.Ş.


MT PORTFÖY YÖNETİMİ A.Ş.


İNTETRA TEKNOLOJİ VE BİLİŞİM HİZMETLERİ A.Ş.


DBE ELEKTRİK MÜHENDİSLİK PROJE VE DANIŞMANLIK ANONİM ŞİRKETİ


Principaux dossiers


  • Assistance provided to Vakif Faktoring A.Ş. during its Initial Public Offering (IPO) application process valued TRY 3,000,000,000 including corporate structuring and legal compliance for regulatory approvals.
  • Advising on the Secondary Share Sale of Astor Enerji A.Ş., valued at approximately 3,500,000,000 TRY, via Borsa Istanbul’s Wholesale Market.
  • Advising Kontrolmatik Teknoloji A.Ş. on a Cross-Border Financing Transaction with an approximate value of TRY 1,500,000,000.

Moroglu Arseven

Housing a full-service team, Moroglu Arseven‘s ‘highly responsive and commercially astute’ group is well-equipped to support a client base of banks, financial institutions and fintechs across the range of complex banking, finance and capital markets matters. Founding partner E. Seyfi Moroglu is highly knowledgeable of interactions with regulatory authorities and compliance issues, frequently representing clients in the life sciences, financial services, industrial production, packaging, media and ICT sectors. Skilled across a breadth of corporate and commercial mandates are C. Hazal Baydar and Sevi İslamageç, who both routinely assist venture capital funds, sellers and purchasers.

Responsables de la pratique:

E. Seyfi Moroğlu


Autres avocats clés:

C. Hazal Baydar; Sevi İslamageç; Baran Elçi


Les références

‘Moroğlu Arseven’s Banking, Finance & Capital Markets team is always accessible, responsive, and delivers high-quality services at fair fees. They combine deep regulatory expertise with strong sector knowledge, particularly in capital markets services, and work in a genuinely collaborative, multidisciplinary way. Compared to other firms, they stand out for their client-friendly and practical approach.’

‘The individuals I work with are knowledgeable, approachable, and open to feedback. Hazal Baydar and Baran Elçi stand out for their client-oriented approach and bring valuable insight. Across the board, the team is solution-driven and easy to work with.’

‘We have been working with Moroğlu Arseven for many years and greatly value their support, particularly in relation to new regulatory matters. The team combines strong technical expertise with a solution-oriented approach, providing clients with confidence through their responsiveness and depth of knowledge. Compared to other firms, Moroğlu Arseven stands out with its proactive attitude, client focus, and consistent delivery of high-quality service.’

Mutlu Law Firm

Reputed for its Islamic finance work, Mutlu Law Firm fields a team well-equipped to provide litigation, consultancy and enforcements across the banking, finance and capital markets space for a client roster of banks and capital market, insurance, IT, and real estate clients. Practice head Bekir Halaçoğlu specialises in banking and finance, commercial and contract law, and insolvency, with notable activity in the regulatory space. Ümit Akkaya‘s practice encompasses finance, banking, international commercial and financial transactions, and capital markets regulations.

Responsables de la pratique:

Bekir Halaçoğlu; Ümit Akkaya


Autres avocats clés:

Erol Kaya; Tamer Aydın; and Hayri Torbacı


Les références

‘The team stands out for its quick turnaround and responsiveness to client needs.’

‘We value the team’s responsiveness, professionalism, and practical approach. They stand out from competitors by providing clear, timely advice and consistently delivering results.’

‘They have a team of experts in participation banking. They work as a school by employing many lawyers who are experts in this field, as well as young lawyers.’

Principaux clients

KUVEYT TÜRK KATILIM BANKASI A.Ş.


TÜRKİYE EMLAK KATILIM BANKASI A.Ş.


EMLAK VARLIK KİRALAMA A.Ş.


NEOVA KATILIM SİGORTA A.Ş.


KUVEYT TÜRK YATIRIM MENKUL DEĞERLER A.Ş.


KUVEYT TÜRK PORTFÖY YÖNETİMİ A.Ş.


ARCHITECHT BİLİŞİM SİSTEMLERİ VE PAZARLAMA TİCARET A.Ş.


KT SUKUK VARLIK KİRALAMA A.Ş.


SAĞLAM ÖDEME VE ELEKTRONIK PARA HIZMETLERI A.Ş.


KÖRFEZ GAYRIMENKUL YATIRIM ORTAKLIĞI A.Ş.


KT SAĞLAM GAYRİMENKUL A.Ş.


KÖRFEZ TATİL BELDESİ TURİSTİK TESİSLER VE DEVREMÜLK İŞLETMECİLİĞİA.Ş.


Principaux dossiers


  • Served as legal advisors in the issuance of EPC (Engineering, Procurement and Construction) Contract-Based Lease Certificates (Istisna’ Sukuk) where Emlak Varlık Kiralama A.Ş. was the issuer and Konya Büyükşehir Belediyesi (Konya Metropolitan Municipality) was the fund user.
  • Provided comprehensive legal support throughout the establishment process of Sağlam Ödeme ve Elektronik Para Hizmetleri A.Ş., which was founded by Kuveyt Türk Katılım Bankası A.Ş. as a payment and electronic money institution operating under the supervision of the Central Bank of the Republic of Turkey.
  • Provided legal support to Neova Sigorta, throughout the process of being accepted as a capital provider at Lloyd’s of London.

Penezoglu Law Firm

Penezoglu Law Firm showcases key experience in complex transactional and regulatory matters, acting for a client roster of both Turkish and international banks, financial institutions, investment funds, fintechs and listed companies. Jointly leading the group is Ozlem Bulut Penezoglu, who expertly handles banking-sector M&A and capital markets/public offering matters, alongside Yusuf Gokhan Penezoglu, who is a key port of call for financial structuring and taxation overlaps in M&A and capital markets mandates.

Responsables de la pratique:

Ozlem Bulut Penezoglu; Yusuf Gokhan Penezoglu


Autres avocats clés:

Zeynep Kılavuz; Ece Şara; Bora Durmaz; Cagdas Ozaltinkol


Les références

‘Penezoğlu Law Firm is distinguished by its deep expertise, responsiveness, and client-centric approach. The partners and associates possess exceptional knowledge across banking, finance, and capital markets, making the firm a trusted advisor for complex legal matters. Clients particularly value the team’s ability to deliver well-researched, comprehensive, and strategic guidance tailored to their business objectives.’

‘Yusuf Penezoğlu and Özlem Penezoğlu are highly respected for their exceptional expertise and strategic approach. Regardless of the complexity of the matter, they adopt a solution-oriented and simplifying perspective, providing clear, practical, and effective advice. Their deep knowledge in corporate law and tax law is remarkable, and they also demonstrate significant expertise in intellectual property, capital markets law, banking and finance, and startup law, areas where cross-disciplinary insights are critical.’

‘Zeynep Kılavuz and Ece Şara stand out for their exceptional command of the same practice areas and their ability to navigate highly specialized topics. Notably, the team has developed strong capabilities in blockchain and tokenization, an area where specialized legal knowledge remains rare in Türkiye. Their ability to combine cutting-edge industry insight with practical, business-focused solutions distinguishes them from competitors and positions the firm as a trusted advisor to clients operating in fast-evolving sectors.’

Principaux dossiers


  • Acted as Turkish counsel to Nederlandse Financierings-Maatschappij Voor Ontwikkelingslanden N.V. (“FMO”) and other syndicate members / Şekerbank and syndicate members on a landmark €150 million term facility to Şekerbank, drafting and negotiating the facility agreement, coordinating multi-jurisdictional regulatory requirements, and delivering legal opinions for a deal prioritizing sustainable rural development and SME financing.
  • Acts as primary legal advisor to Codeway Dijital Hizmetler A.Ş., a leading digital product company, providing ongoing corporate counsel on governance and venture capital-backed ownership structures.
  • Advised FMO and Cassa Depositi e Prestiti as Turkish counsel in the EUR 130 million syndicated term facility to QNB Finansal Kiralama, handling all aspects of facility documentation, Turkish law deliverables, and legal opinions in a cross-border leasing transaction.

Selvi Attorney Partnership

Selvi Attorney Partnership brings a broad-based banking, finance and capital markets capability, often navigating multi-bank restructurings, cross-border lending and energy-sector financings, while steering IPOs, secondary offerings and listed-company regulatory transformations. With a noted reputation among both Turkish and international banks, co-heads Ömer Çağdaş Selvi and Neslihan Tuna Saraçgil Aksoy are key contacts for both lenders and borrowers/sponsors.

Responsables de la pratique:

Ömer Çağdaş Selvi; Neslihan Tuna Saraçgil Aksoy


Principaux clients

Batıçim Batı Anadolu Çimento Sanayii A.Ş.


Türkiye Sınai Kalkınma Bankası A.Ş.


T.C. Ziraat Bankası A.Ş.


Türkiye Halk Bankası A.Ş.


Türkiye Emlak Katılım Bankası A.Ş.


Türkiye İş Bankası A.Ş.


Türkiye Kalkınma ve Yatırım Bankası A.Ş.


Yapı ve Kredi Bankası A.Ş.


Ziraat Gayrimenkul Yatırım Ortaklığı A.Ş.


Türkiye Vakıflar Bankası T.A.O.


QNB Bank A.Ş.


Ziraat Katılım Bankası A.Ş.


Principaux dossiers


  • 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.

Solak & Partners Law Firm

Distinguished by its focus on the technology sector, with a notably strong reputation among start-ups, Solak & Partners Law Firm covers digital banking, e-payment services and blockchain. Credited for taking 'incredibly complex, multi-jurisdictional problems and creating straightforward, easy-to-implement solutions', co-head Elçin Karatay is an experienced adviser on how emerging technologies intersect with Turkey’s regulated financial markets. Co-head Begüm Ergin is a key contact for the regulation of data-intensive fintech and payments products. Co-head Mutlucan Solak centres his work on disputes involving the Central Bank, the Capital Markets Board, and the Financial Crimes Investigation Board.

Responsables de la pratique:

Elçin Karatay; Begüm Ergin; Mutlucan Solak


Autres avocats clés:

Ahmet Demirtaş


Les références

‘Solak & Partners stands out for its unique combination of deep local expertise and a truly international and commercial mindset. Their key strength is the ability to navigate complex Turkish legal matters with a practical, results-driven approach. They are exceptionally responsive and partner with us proactively, anticipating issues before they arise. Compared to other firms, Solak & Partners offers a more agile and partner-led service. We consistently have direct access to senior lawyers, which ensures a high level of strategic oversight and efficiency that is sometimes lost at larger practices.’

‘The lawyers at Solak & Partners distinguish themselves through their exceptional technical knowledge and deep regulatory insight. What truly sets them apart from competitors is their ability to translate complex legal requirements into clear, actionable business advice. In particular, Elçin Karatay, Mutlucan Solak and Ahmet Demirtas consistently impress with their strategic oversight and profound understanding of the banking & finance world. I can recommend them to anyone.’

‘Solak & Partners is a highly professional firm that pairs deep business acumen with responsive, solutions oriented counsel. The team brings extensive expertise across its practice areas, strong strategic judgment, and a nuanced understanding of both law and commerce. They are dedicated to advancing clients’ interests and consistently provide forward-looking, practical advice. Efficient in both cost and time, Solak & Partners is flexible in working methods and impressively adept at integrating with the technological tools we use. Among peer firms, they stand out for delivering effective input on exceptionally short timelines.’

Principaux clients

VeriPark Software


Logo Software


Bybit


OKX


Berqnet


Sumsub


Paribu


KuCoin


Ava Labs


Teknasyon


Principaux dossiers


  • Advised OKX on its CASP licence application, including regulatory alignment of its trading activities with Capital Markets Board requirements, and preparation of core compliance documentation for entry into one of the region’s most stringent digital-asset regulatory regimes

Vardar Sanli

Vardar Sanli acts for a roster of domestic and international financial institutions, investment funds and corporates across a range of financings and regulatory mandates, with a particular niche in the asset management, crypto-assets and insurance space. Leading the team is Çağdaş Umut Vardar, who is esteemed among financial institutions and fintech firms, frequently undertaking cross-border financing projects.

Responsables de la pratique:

Çağdaş Umut Vardar


Autres avocats clés:

İsmail Mert Şanlı; Melih Kara


Les références

‘What makes this firm special is that they really understand our technical work and the crypto world. They don’t just explain the law, they show us clearly what we need to do in practice. I think potential clients would want to know that the team adapts very quickly to new regulations and follows the industry closely. Compared to other firms, their difference is that they are always accessible, they don’t leave us alone in the process, and they handle things in a very transparent way. Their time reporting also helps us a lot, since we don’t need to be involved at every single step. Being open to technology and collaboration also makes them truly innovative.’

‘For us, what really stands out is that the people we worked with have both strong technical knowledge and a very practical approach. We worked most closely with Çağdaş Vardar; he has deep expertise in the regulations and explains even complex issues in a very clear and guiding way, which gave us real confidence in our decisions. We also worked with İsmail Mert Şanlı and Melih Kara, who were both very responsive, approachable, and made the process much easier with their quick feedback. What makes the team different is that they don’t just explain the law, they really understand our business and provide solutions tailored to us. That mix of knowledge, practicality, and reliability is what we value the most.’

‘The practice stands out as one of the most professional and comprehensive firms I have worked with. What makes it unique is its ability to approach matters end-to-end, considering not only the legal aspects but also the broader strategic and human dimensions. A key strength of the team lies in its effective use of technology. For example, data room processes are managed with great professionalism—executed thoroughly and without unnecessary repetitions or back-and-forth, ensuring that time loss is kept to an absolute minimum. This efficiency significantly enhances the client experience. Beyond technical expertise, the team demonstrates a rare ability to address the psychological and interpersonal aspects of complex matters. This creates an environment where clients feel fully supported, both legally and strategically. Compared to other firms, this practice distinguishes itself by combining deep legal knowledge with practical innovation in technology and a client-centered mindset. The seamless integration of these elements results in an exceptionally smooth process and consistent delivery of high-quality outcomes.’

Principaux clients

Penti Giyim Ticaret A.Ş.


Galeri Kristal Turizm İnşaat Pazarlama ve Ticaret A.Ş.


Türkiye İş Bankası A.Ş.


Kıraça Holding A.Ş.


İnan Kıraç


Emin Hakan Eminsoy


Citypay Kripto Varlık Alım Satım Platformu A.Ş.


Motul Asia Pacific Pte. Ltd.


Delta Solar Enerji Sanayi A.Ş.


İş Enerji Yatırımları A.Ş.


Aizona Teknoloji A.Ş.


Demir Sağlık ve Hayat Sigorta A.Ş.


Tether Operations, S.A. de C.V.


Tether Investments Limited


Munich Private Equity AG


McLaren Applied Group


Principaux dossiers


  • Advising Tether Operations, S.A. de C.V., issuer of the world’s most widely adopted stablecoin (USDT), on massive supplies of USDT in Turkey via CityPay, a leading crypto exchange platform operating in Turkey.
  • Advised MA Solar UK Ltd, a UK-based subsidiary of McLaren Applied Group, on the acquisition of all shares in Fimer Turkey from a leading global inverter producer, Fimer S.p.A., through a financial restructuring process amounting to EUR 50 million.
  • Advised Munich Private Equity AG on cross-border fund structuring and financing arrangements with Turkish residents.