Clifford Chance advises Ford Otosan on its Debut USD 500m Eurobond Offering

Global law firm Clifford Chance advised Ford Otosan on the company’s 144A/RegS Eurobond offering, raising up to USD 500 million. The company’s debut Eurobond offering, due in 2029, garnered strong market interest. The issuance marks a significant milestone for Ford Otosan, affirming its position as a key player in the Turkish corporate landscape. The bookrunners included BNP Paribas, Citi, HSBC, and Société Générale.

Ford Otosan, a prominent vehicle manufacturer jointly owned by Ford Motor Corporation and the Turkish conglomerate Koç Holding, ranks among the top three exporting companies in Türkiye.

Clifford Chance’s cross border team based in London and Istanbul, were led by partners Matt Fairclough, Johannes Juette and Sait Eryılmaz. The partners were supported by senior associates Jake DuCharme, Jeffery Hung and Ali Can Altıparmak along with Bilgesu Çakmak (Associate) and Trey Oxendine (Law Clerk).