Clifford Chance advises the Joint Bookrunners on Halkbank's successful offering of USD 700 million Reg S AT1 Notes
21 July 2025
- Matt Fairclough, Bruce Kahl, Sait Eryilmaz, Ali Can Altıparmak, Jeffery Hung, Robert Hartman
- London, Istanbul
Clifford Chance advises the Joint Bookrunners on Halkbank's successful offering of USD 700 million Reg S AT1 Notes
Clifford Chance have advised the joint bookrunners, Citi and ICBC Standard Bank, on Türkiye Halk Bankası (Halkbank)'s USD 700 million Reg S 9.300% Perpetual Fixed Rate Resettable Additional Tier 1 Notes.
This landmark transaction represents a significant step in Halkbank’s capital strengthening strategy, leveraging instruments that qualify as Additional Tier 1 capital under Basel III regulations.
Clifford Chance’s cross-border team based in London and Istanbul advising on the transaction was led by partners Matt Fairclough, Bruce Kahl and Sait Eryılmaz, supported by senior associates Ali Can Altıparmak and Jeff Hung, associate Robert Hartman and trainee Alper Eski.
