Migros Ticaret €830 million refinancing

Value:

€ 830 million

Dollar value:

$ 870.135 million

Status:

Completed

Date:

30/4/2015

Migros Ticaret, one of the largest supermarket chains in Turkey, completed the €830 million refinancing of its debts with a syndicate of banks.
Türkiye Garanti Bankası acted as lender and security agent, Türkiye İş Bankası as lender and agent, and Akbank, Türkiye Sınai Kalkınma Bankası and The Commercial Bank as lenders.

Jon Moore - Journalist

Türkiye

Refinancing

Banking

England and Wales
Turkey

Consumer goods and services

Pekin Bayar Mizrahi

Party: Migros Ticaret (Borrower)

Verdi Law Office

Party: Turkiye Garanti Bankasi (Lender, Security agent)

Party: Türkiye İş Bankası (Lender)

Party: Akbank (Lender)

Party: Turkiye Sinai Kalkinma Bankasi (Lender)

Party: The Commercial Bank (Lender)