Partners: Itır Çiftçi
Languages: English, German, Turkish
Banking & Finance: Sait Eryılmaz
Corporate, & M&A: Itır Çiftçi, Kemal Aksel
Capital Markets: Itır Çiftçi, Sait Eryılmaz
Energy & Infrastructure: Itir Çiftçi, Sait Eryılmaz, Deniz Gocuk,
Project Finance/PPP: Sait Eryılmaz Privatisations: Itır Çiftçi, Private Equity: Itır Çiftçi, Kemal Aksel
Real Estate: Itır Çiftçi, Kemal Aksel
CIFTCI Law Firm focuses on banking and finance, corporate/M&A, capital markets and privatisations with a specific focus in PPPs, infrastructure and energy. The firm advises major domestic and international banks, governmental entities and corporates on their Turkish and international operations. Since 2011, the firm has been working in cooperation with Clifford Chance, giving its clients access to Clifford Chance’s impressive international law capability and global network first in cooperation with Yegin Ciftci Attorney Partnership and then with CIFTCI Law Firm as of May 2020. The firm has a comprehensive understanding of the market and unparalleled expertise in relation to cross-border transactions, offering technical and practical expertise, delivering excellent quality and service to its clients on complex transactions, along with a proven track record of successfully advising on some of the highest profile transactions. The firm’s partners have over 25 years’ experience working on the most innovative deals in Turkey. Itır Çiftçi heads the corporate/M&A practice of the firm and has excellent knowledge of the market and its key players. During her practice for over two decades, she has advised prominent strategic and financial investors in numerous landmark transactions, various investments and major privatisation transactions. Sait Eryılmaz heads the Finance practice of the Firm. He is specialised in banking and finance transactions, with a particular focus on project finance and structured finance. Over the past years Sait has held a key position at the forefront of Turkish infrastructure and energy transactions, taking part in many notable projects including PPPs. He has been acting for banks, ECAs, Islamic and conventional financial institutions, sponsors and other transaction parties in domestic and international project financings, including PPPs, infrastructure, transportation (roads, railways and airports) energy projects, oil and gas, and privatisations.
Main Areas of Practice:
Banking & Finance:
The firm offers a market-renowned finance practice acting on many of the ground-breaking deals and introducing new financial products in the Turkish market, advising on a full spectrum of financial products, including asset finance, derivatives and structured finance, Islamic finance, leveraged and acquisition finance, projects and infrastructure finance and real estate finance.
Corporate & M&A:
The firm advises local and international strategic and financial investors in their domestic and outbound M&A transactions, focusing on cross-border acquisitions, public and private M&A, management/leveraged buy-outs and asset/business transfers and offering the combination of specialist industry expertise across various sectors from financial services to energy and resources and healthcare.
The firm covers the whole spectrum of capital markets work including debt and equity transactions, structured debt, high yield and advises major market participants including leading financial institutions, corporates and the Turkish government.
Energy, Infrastructure, Project Finance & PPPs:
The firm has extensive experience in conventional power, renewables, oil/gas/mining, ports/airports, bridges, roads, hospitals and telecommunications. In line with the firm’s in-depth knowledge and experience of the regulatory framework, The firm is unique in its ability to understand the needs of lenders, other financiers (including conventional term facility lenders, financiers in bond markets as well as funds and Islamic investors), sponsors (including Turkish and international developers and investors) and public authorities. Having been involved in major transactions in the energy and infrastructure sectors in Turkey over the last two decades, The firm has an in-depth understanding of both the national and global regulatory/commercial environment. The firm is very well placed to advise on all aspects of complex transactions and projects in the infrastructure sector. The experienced multi-disciplinary team has a detailed understanding of the sector, its drivers and competitive landscape, and has advised extensively on all aspects of complex infrastructure projects including procurement, construction, operating agreements and financing. The firm also plays a major role advising lenders in healthcare PPP projects.
The firm has been involved in Islamic financing techniques and Islamic product development and is also highly regarded for its Islamic finance practice. The firm helps deliver financing solutions for both investors and issuers/ borrowers and advises on a wide range of Islamic financial services and products including capital markets, project and infrastructure finance, acquisition and leveraged finance, asset finance, structured products and derivatives and real estate finance.
The firm has extensive experience in representing both domestic and international private equity firms in their investments in Turkey in a variety of sectors, advising on cross border transactions covering a variety of investment strategies, including buyouts and growth capital transactions, real estate private equity and investment, spin-outs and portfolio acquisitions and divestitures.
The firm advises on the full range of real estate related transactions covering the entire property ‘life cycle’ from the initial acquisition, development, joint venturing and financing through to the final exit.
Consumer Goods & Retail:
The firm offers a full service to CG&R companies ranging from strategic acquisitions, disposals and financings to brand management and commercial agreements.
Telecommunications, Media & Technology:
The firm has an in-depth understanding of the TMT sector, providing transactional and regulatory advice in connection with mergers and acquisitions, compliance, antitrust and competition, financing and capital markets.