Clifford Chance
Clifford Chance advises Çimko on its debut USD 300 million Eurobond offering
22 May 2025
- Sait Eryilmaz, Matt Fairclough, Johannes Juette, Jill Concannon, Ali Can Altıparmak, Jeffery Hung, Phil Houten, Garo Yaghsezian, Bilgesu Çakmak , Tara Kade
- Istanbul
Clifford Chance advises Çimko on its debut USD 300 million Eurobond offering
Global law firm Clifford Chance advised Çimko Çimento ve Beton, a key cement and concrete producer in Türkiye and a subsidiary of Sanko Holding, on its successful debut 144A/RegS Eurobond offering, raising USD 300 million, with a five-year maturity. The issuer’s first transaction in the international capital markets attracted significant interest from international & institutional investors and was supported by leading development finance institutions.
The proceeds will be utilised to enhance Çimko’s financial flexibility and support its long-term growth plans, including its decarbonisation investment programme and refinancing efforts.
Clifford Chance’s cross-border team based in London and Istanbul advising on the transaction was led by partners Sait Eryılmaz, Matt Fairclough, Johannes Juette and Jill Concannon. The partners were supported by senior associates Ali Can Altıparmak, Jeffery Hung and Phil Houten, along with Garo Yaghsezian (Associate), Bilgesu Çakmak (Associate), Tara Kade (Associate) and Sena Cengiz (Trainee).
