10 Dec 2025

Norton Rose Fulbright Advises Lenders on USD 300 Million Facility for Nurol İnşaat

"Norton Rose Fulbright and alliance firm Pekin Bayar Mizrahi advised a syndicate of lenders on a USD 300 million facility for Nurol İnşaat Ve Ticaret, a subsidiary of Nurol Holding. Emirates NBD and First Abu Dhabi Bank acted as joint initial mandated lead arrangers and bookrunners; Akbank, Bank of Bahrain and Kuwait B.S.C. and Commercial Bank of Dubai served as mandated lead arrangers. Nurol Holding acted as guarantor."

Norton Rose Fulbright advised a syndicate of lenders on a USD 300 million facility for Turkish construction company Nurol İnşaat Ve Ticaret, a subsidiary of Nurol Holding, and collaborated with professional alliance firm Pekin Bayar Mizrahi, which advised on Turkish law aspects of the transaction. The transaction comprised a USD 300 million financing facility provided to Nurol İnşaat Ve Ticaret. Emirates NBD and First Abu Dhabi Bank acted as joint initial mandated lead arrangers and bookrunners for the financing. Akbank, Bank of Bahrain and Kuwait B.S.C. and Commercial Bank of Dubai P.S.C. served as mandated lead arrangers. Nurol Holding acted as guarantor of the facility. Norton Rose Fulbright represented the syndicate of lenders with a team composed by: Dubai-based partner Aditi Sanyal (lead), Dubai-based senior associate Jennifer Hanna, associate Madison Colangelo, and Istanbul-based legal consultant Ezgi Alkim. Pekin Bayar Mizrahi represented the lenders on Turkish law aspects with a team composed by: senior partner Selin Bayar, partner Utku Ünver and counsel Ayça Gümüşay.
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