We are proud to have acted as legal advisor to Erciyas Çelik Boru Sanayi A.Ş on its inaugural issue of ₺300 million ($11.12 million) sukuk (Islamic bond certificate).
Erciyas, a leading industrial enterprise in Turkey and the flagship company of Erciyas Holding, is a manufacturer and supplier of high-pressure steel pipes for gas and oil pipeline projects in various countries, including Europe, the US, and Canada.
Paksoy team was led by partner Sera Somay, together with senior associate Merve Kurdak, and associate Bengisu Yılmaz.
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