Beko on its debut syndicated corporate financing: the advisors
Clifford Chance advised Beko, a provider of sustainable home appliances in Europe, in connection with its debut syndicated corporate financing. Norton Rose Fulbright has advised a syndicate of 14 banks on the corporate facility.
About the financing
The financing package of EUR 350 million was arranged by Emirates NBD, Commercial Bank of Dubai PSC, First Abu Dhabi Bank (FAB) PJSC, Société Générale, Banco Bilbao Vizcaya Argentaria (BBVA), London Branch and Garantibank International NV and provided by a syndicate consisting of 14 banks.
Clifford Chance team
Clifford Chance cross-border deal team advising Beko with this transaction was led by partners Sait Eryılmaz (pictured left, from Istanbul), Jelle Hofland (pictured center, from Amsterdam) and Graham Brewer (pictured right, from Dubai) with support from Amin Tamaddoni (Amsterdam), Ali Can Altıparmak (Istanbul), Berke Avarkan (Istanbul), Arezo Zarbaf (Amsterdam) and Melisa Mengü (Istanbul).
Norton Rose Fulbright team
The multi-jurisdictional Norton Rose Fulbright team advising the lenders on the financing was led by partner Nicholas Robinson (pictured below) and counsel Seya Rahnema in Dubai, assisted by trainee Madison Colangelo. It also included partner Wouter Hertzberger, senior associate Natascha Veenendaal and associate Martijn Knigge in Amsterdam, and partner Utku Ünver and associate Damla Çay in Istanbul.
