We are proud to have represented Akbank, BNP Paribas Fortis, Garanti BBVA, HSBC and ING in a USD 200 million and EUR 50 million financing to Kordsa, a listed company supplying premier tire manufacturers worldwide with advanced reinforcement materials.
This transaction aims to support Kordsa’s working capital management and strengthen its balance sheet by extending the maturity profile of its existing indebtedness, while demonstrating continued confidence from international and Turkish financial institutions.
The Çakmak team was led by partner Devrim Ergun and included counsel Aslı Pabuççuoğlu, together with associates Pınar Bölükbaşıoğlu and Elsu Doğa İncesu.
We congratulate the parties on this successful transaction.
