Date: 23 March 2012
For the third time Pekin & Pekin has won International Financial Law Review's Turkish Law Firm of the Year.
A prestigious award in the legal sector, it recognises Pekin & Pekin's strength in providing clients with innovative solutions to complex transactions, and is judged based on deal specifics and client feedback.
Winning transactions included the issuance of subordinated callable unsecured tier 2 notes at a zero rate tax and internationally competitive levels of cost of capital paving the way for the international funding of Turkey-resident issuers, several export credit agency backed financings for the Turkish energy sector by overseas bank, and the acquisition of shares in a Turkish electricity generation company and the subsequent project financing.
Pekin & Pekin was also nominated for the Project Finance Deal of the Year, acknowledging the work of all lawyers from the various law firms working on the transaction, including our Lex Mundi colleagues Chiomenti Studio Legale, Italy.
Thank you to our clients, colleagues and friends. We share this celebration with you.