IFLR1000

Ziraat Katılım Bankası $155 million murabaha financing

27/4/2016
Murabaha
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$ 155 million

Completed

27/4/2016

Overview:

  • Ziraat Katılım Bankası, a state-owned Islamic participation bank and a subsidiary of Ziraat Bankası, has successfully closed a $155 million syndicated murabaha (deferred sale) financing facility.
  • Paksoy acted as Turkish counsel to the bookrunners and lead arrangers on the deal.
  • Hogan Lovells advised on the English law aspects of the deal.

Jon Moore - Journalist - EMEA

Jurisdiction:

Türkiye

Deal type:

Murabaha

Practice area:

Islamic finance

Industry sector:

Banking

Firms:
Hogan Lovells

Party: ABC Islamic Bank (Bookrunner, Lead arranger)

Party: Dubai Islamic Bank (Bookrunner, Lead arranger)

Party: HSBC Bank Middle East (Bookrunner, Lead arranger)

Party: Warba Bank (Bookrunner, Lead arranger)

Paksoy

Party: ABC Islamic Bank (Bookrunner, Lead arranger)

Party: Dubai Islamic Bank (Bookrunner, Lead arranger)

Party: HSBC Bank Middle East (Bookrunner, Lead arranger)

Party: Warba Bank (Bookrunner, Lead arranger)

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