13 Oct 2025

"DenizBank Issues $270 Million Green Bonds with Guidance from White & Case and GKC Partners"

"White & Case and its Turkish affiliate GKC Partners have assisted DenizBank in issuing USD 270 million in green bonds as part of its USD 5 billion Euro Medium Term Note Program. The issuance involved collaboration with three international financial institutions: the International Finance Corporation, the European Bank for Reconstruction and Development, and Societe de Promotion et de Participation pour la Cooperation Economique. The funds raised will support investments aligned with DenizBank's Sustainable Finance Framework, adhering to the International Capital Market Association's Green Bond Principles."

White & Case and its Turkish affiliate GKC Partners advised DenizBank on its issuance of USD 270 million green bonds under its USD 5 billion Euro Medium Term Note Program. The transaction involved the joint participation of three international financial institutions: the International Finance Corporation, the European Bank for Reconstruction and Development, and Societe de Promotion et de Participation pour la Cooperation Economique. The proceeds from the bonds will be utilized to finance investments that align with DenizBank's Sustainable Finance Framework, which adheres to the International Capital Market Association's Green Bond Principles. The GKC Partners team included Partner Ates Turnaoglu, Counsel Derin Altan, and Associate Muhammed Asula.
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