Restructuring
With such an extensive and dedicated team, we advise on the largest and most complex restructurings, and pride ourselves on providing pioneering solutions as well as delivering real commercial results.
Our expertise covers advice on contingency planning, debt restructuring and reschedulings, distressed acquisitions/sales, formal insolvency proceedings, out-of-court refinancings and distressed debt trading.
Our team advised on the financial restructuring of the existing credit facilities and hedging arrangements of Ojer Telekomünikasyon A.Ş. (OTAS) by way of a lender-led transaction whereby the creditors took control of OTAS’ 55% stake in Türk Telekomünikasyon A.Ş. (a partly state-owned asset and one of the biggest telecommunications companies in Turkey). This transaction was the largest restructuring in Turkish history.
