We are proud to have advised to the Creditor Institutions, comprising Garanti BBVA, Yapı Kredi, Türkiye İş Bankası, TSKB | Türkiye Sınai Kalkınma Bankası, Ziraat Bankası and QNB Türkiye, in the Financial Restructuring of the debts of Galataport İstanbul Liman İşletmeciliği ve Yatırımları A.Ş. (“Galataport”) and Doğuş Galataport Gayrimenkul Yatırımları ve Ticaret A.Ş. (“Doğuş Galataport”).
As part of the Financial Restructuring transaction, a portion of the debts was restructured, while 49% of Galataport’s shares were transferred to the Creditor Institutions, with Doğuş Galataport granted a repurchase right for a period of 3 years.
We extend our gratitude to Senior Partner Levent Yetkil and Partner Fulya Sert Topçu for their leadership, as well as to Senior Lawyer Merve Mert Ergün, Irmak Oğuzhan, Emirhan Kara, and all our colleagues and stakeholders for their contributions to the successful completion of this significant project.