BASEAK and Dentons Advise Lenders on Renewal of TEB’s Dual-Currency Sustainability Term Loans

"Balcioglu Selcuk Eymirlioglu Ardiyok Keki (BASEAK), together with Dentons UK and Middle East, advised the lender syndicate on the renewal of Turk Ekonomi Bankasi’s dual‑currency sustainability term loan facilities. The facility comprises USD 104 million and EUR 213.5 million tranches, with proceeds linked to TEB’s sustainability KPIs."

Balcioglu Selcuk Eymirlioglu Ardiyok Keki (BASEAK), together with Dentons UK and Middle East, advised the lender syndicate on the renewal of Turk Ekonomi Bankasi’s dual‑currency sustainability term loan facilities. The transaction involved the renewal of dual‑currency sustainability term loan facilities for Turk Ekonomi Bankasi (TEB). According to BASEAK, the facilities comprise a USD 104 million tranche and a EUR 213.5 million tranche. The proceeds under the renewed facilities are tied to TEB’s sustainability objectives and linked to the facilities’ key performance indicators (KPIs). Balcioglu Selcuk Eymirlioglu Ardiyok Keki (BASEAK) represented the lender syndicate with a team composed by: Partner Gunhan Yalcin, Counsel Ceyda Aydin, and Senior Associate Ceren Akkur Bayram.

BASEAK and Dentons Advise Lenders on Renewal of TEB’s Dual-Currency Sustainability Term Loans

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