Çakmak is one of the most respected top-tier law firms in Turkey

14 March 2024 - Çakmak is proud to have represented Bayerische Landesbank in its Finnvera backed financing to Aksa Enerji Üretim A.Ş. , for purposes of the modernization of the Taşkent B and Buhara natural gas power plants located in Uzbekistan. The Çakmak team was led by partner Devrim Ergun and included counsel Başak Ayık and associate Nehar Çakmakcı .

6 March 2024 - Çakmak is proud to have represented Garanti BBVA in its issuance of USD 500,000,000 Fixed Rate Tier 2 Notes in the international markets. The issuance was made under Garanti BBVA’s USD 6,000,000,000 Global Medium Term Note Programme and received record demand from international investors as the most cost-effective sub-debt issuance made by a bank in recent years. The Çakmak team was led by partner Devrim Ergun and included counsel Aslı Pabuççuoğlu and associate Pınar Bölükbaşıoğlu.

12 January 2024 - Çakmak is pleased to have represented a significant transaction for Yıldızlar Group on its EUR 96.5 million Euler Hermes-covered loan from KfW IPEX-Bank, aiming to finance the capacity expansion of the Gülpınar Wind Power Project. The expansion will result in the Gülpınar Wind Power Plant Project becoming Turkey's fifth-largest wind power plant and boosting investments in Türkiye’s renewable energy sector. The Çakmak team was led by partner Mustafa Durakoğlu and included associates Selin Erten Yaşar, Yiğit Anıl Tarman, and Elsu Doğa İncesu.

3 January 2024 – Çakmak represented the European Bank for Reconstruction and Development (EBRD) in its USD 33.2 million loan to Borusan Lojistik, a premier logistics company in Türkiye. This significant transaction will enhance the digitalization of Borusan Lojistik’s operations and expansion of its activities.
The team led by partner Devrim Ergun included counsels Aslı Pabuççuoğlu and Nazlı Başak Ayık, and associates Duru Eker and Pınar Bölükbaşıoğlu.

6 November 2023 – Çakmak is pleased to announce that it has acted as Turkish counsel to a syndicate of 36 banks from 18 countries on the renewal of Akbank’s syndicated sustainability linked loan for USD 600 million. The transaction aims to support the Turkish economy and utilizes sustainability (ESG) performance criteria. The Çakmak team was led by partner Devrim Ergun and included senior associate Aslı Pabuççuoğlu and associates Yiğit Anıl Tarman and Pınar Bölükbaşıoğlu.

30 October 2023 – Çakmak is pleased to have represented ST Engineering in the financial leasing of two Airbus A321 aircraft to MNG Airlines. This transaction will boost investments in Turkey's aviation sector and contribute to its ongoing growth and development. The Çakmak team was led by partner Serap Zuvin and included associates Simge Esendal and Ege İrem Yenmez, as well as legal intern Başak Köksal Sağnak.

4 October 2023 – Çakmak is pleased to have represented the European Bank for Reconstruction and Development (EBRD) in its EUR 25 million green loan to AKLease, a premier leasing company in Türkiye. This significant transaction will bolster investments in energy efficiency and renewable energy in Türkiye. The Çakmak team was led by partner Devrim Ergun and included associates Aslı Pabuççuoğlu, Duru Eker and Pınar Bölükbaşıoğlu.

24 April 2023 – Çakmak is pleased to announce that it has acted as Turkish counsel to a syndicate of 30 banks from 16 countries on the renewal of Akbank’s syndicated social loan for USD 500 million. As the first syndicated social loan to local market, the transaction aims to support the Turkish economy and those affected by the recent earthquakes. The team was led by partner Devrim Ergun and included senior associate Aslı Pabuççuoğlu and associates Yiğit Anıl Tarman and Pınar Bölükbaşıoğlu.

Çakmak is pleased to announce that it has advised the European Bank for Reconstruction and Development as local Turkish counsel on the USD 50 million syndicated loan to Akbank for on-lending to support women-led businesses in Turkey, as part of the EBRD’s Women in Business programme. The Çakmak team was led by partner Devrim Ergun and included senior associate Aslı Pabuççuoğlu and associate Duru Eker.

25 August 2022 - Çakmak is pleased to announce that it has represented Re-Pie Asset Management Company, a venture capital investment fund controlled by Turkcell, in relation to its subscription of shares in Procenne. The Çakmak team was led by partner Gülşen Engin and included senior associate Mehmet Deniz Çelebisoy and associates Mustafa Yafes Öner, Selin Erten Yaşar, Simge Esendal, LL.M. and intern lawyer Nehar Çakmakcı.