Pekin & Pekin seems the firm of the moment, causing peers to consistently rate it for quality of individuals and overall reputation.
An international client says "the firm's lawyers are always willing to stay late, which you don't always find with local counsel"....
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Pekin & Pekin seems the firm of the moment, causing peers to consistently rate it for quality of individuals and overall reputation.
An international client says "the firm's lawyers are always willing to stay late, which you don't always find with local counsel". Lead lawyer Ahmed Pekin "is very smart ... and has the ability to provide a unique job" says one peer, while a client adds: "He has a good relationship with the government and with everybody ... as in he knows what people will think on certain issues."
The capital markets and banking sectors saw the firm assist a financial institution in a term loan facility of $824 million to Is Bankasi's Bahrain branch; two financial institutions in two separate $1 billion Eurobond issues by the Turkish government and Deutsche Securities; and another financial institution in a further $1.5 billion government Eurobond issue.
In M&A, Ayça Sevimay led teams to provide advice to a private-equity fund on a $64 million acquisition of a 60% stake in the Safak Group and an energy company in a $70 million acquisition of a 50% stake in Tasyapi Enerji Grubu as well as its bid for twenty project licenses worth $2 billion. Osman Akin led a team assisting a conglomerate in a $120 million acquisition and merger with a local fleet rental company.
The firm also advised Garanti Bank, Is Bankasi and Vakiflar Bankasi in the $3.5 billion financing for the acquisition by Migros, structuring a multi-tranche agreement including a term facility, revolving facility and a mandatory tender offer-linked facility.
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