Clifford Chance Advises Citi and ICBC Standard Bank on Halkbank’s Landmark AT1 Issuance

"Clifford Chance advised Citi and ICBC Standard Bank, and separately advised BNY in its capacity as trustee, on Türkiye Halk Bankası A.Ş.’s US$300,000,000 issuance of perpetual fixed rate resettable Additional Tier 1 notes in a significant Turkish capital markets transaction."

Clifford Chance advised Citi and ICBC Standard Bank, and separately advised BNY in its capacity as trustee, in connection with the issuance by Türkiye Halk Bankası A.Ş. (Halkbank). The transaction comprised the issuance by Halkbank of US$300,000,000 perpetual fixed rate resettable Additional Tier 1 notes. It represents a notable development in the Turkish capital markets and underscores the firm’s experience in complex cross-border financings. Clifford Chance represented Citi and ICBC Standard Bank with a team composed by: partners Matt Fairclough and Sait Eryilmaz, senior associates Jeffery Hung and Alican Altıparmak, associate Alper Eski and trainee Felicity Marlow. Clifford Chance represented BNY in its role as trustee with a team composed by: partner Bruce Kahl and associate Robert Hartman.

Clifford Chance Advises Citi and ICBC Standard Bank on Halkbank’s Landmark AT1 Issuance

Read the full story

Cookie Preferences

Strictly Necessary

Analytics & Statistics

Marketing & Ads