Clifford Chance advised Arçelik A.Ş. on its issuance of USD400 million notes due 2028, marking the first Eurobond issuance by a Turkish private sector company in almost two years. Arçelik, one of the world’s leading manufacturers of household appliances, issued a USD 400 million 8.500% Eurobond listed on the Irish Stock Exchange with a maturity date of September 25, 2028.
The Clifford Chance Capital Markets team was led by partners, Matt Fairclough, Sait Eryilmaz and Johannes Juette who were supported by Ali Can Altıparmak, Jeff Hung, Jake DuCharme, Bilgesu Çakmak and Thalia Stanberry.
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