Multi Coporation €575 million refinancing of four shopping centres

Value:

€ 575 million

Dollar value:

$ 608.830 million

Status:

Completed

Date:

1/4/2015

Overview:

The Multi Corporation secured a €575 million refinancing package for four shopping centres in Turkey.
The borrowers were: Multi Ankara Emlak Geliştirme Yatırım, Multi İstanbul Emlak Geliştirme Yatırım, Multi Kapadokya Emlak Geliştirme Yatırım and Multi Çamlık Emlak Geliştirme Yatırım.
Yapı ve Kredi Bankası and UniCredit Bank Austria acted as the lenders.

Jon Moore - Journalist

Jurisdiction:

Türkiye

Deal type:

Refinancing

Practice area:

Banking

Governing laws:

England and Wales
Turkey
Netherlands

Industry sector:

Banking

Firms:

Akol Law

Party: Multi Ankara Emlak Geliştirme Yatırım (Borrower)

Party: Multi İstanbul Emlak Geliştirme Yatırım (Borrower)

Party: Multi Kapadokya Emlak Geliştirme Yatırım (Borrower)

Party: Multi Çamlık Emlak Geliştirme Yatırım (Borrower)

Clifford Chance

Party: Yapı ve Kredi Bankası (Lender)

Party: Unicredit Bank Austria (Lender)

GKC Partners