IFLR1000

Ankara-Nigde Motorway PPP

5/7/2018
Project development, Project finance
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Announced

5/7/2018

Overview:

  • Ankara-Nigde Motorway is part of the Trans-European Motorway project, which connects Europe and Asia.
  • ERG Otoyol Yatirim ve Isletme has been appointed to construct and operate the project. 
  • The company has received €1.1 billion financing from Credit Suisse, Turkiye Is Bankasi, Turkiye Vakiflar Bankasi, Yapi ve Kredi Bankasi and the Kuwait Turkish Participation Bank.

Mihail Georgiev - Data analyst

Jurisdiction:

Türkiye

Deal types:

Project development
Project finance

Practice areas:

Project finance
Project development
PPP/PFI

Governing law:

Turkey

Industry sector:

Transport

Firms:
Bär & Karrer

Party: Credit Suisse (Lender)

Lawyer: Peter Hsu

Çakmak

Party: ERG Otoyol Yatirim ve Isletme (Project developer)

Lawyers: Ayşe Eda Biçer Özen, Mesut Çakmak, Mustafa Durakoğlu, Nazlı Başak Ayık

Clifford Chance

Party: Credit Suisse (Lender)

White & Case

Party: ERG Otoyol Yatirim ve Isletme (Project developer)

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