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Arnold & Porter Advises Republic of Turkey on $2.5 Billion Sukuk Financing

June 25, 2021

Arnold & Porter advised the Republic of Turkey in connection with its issuance of $2.5 billion of its 5.125% lease certificates due June 22, 2026. The Sukuk was structured to comply with Shariah law.

Arnold & Porter also represented Turkey in its six previous Sukuk transactions. The firm has represented the Republic of Turkey in global finance matters for more than 20 years.

The Arnold & Porter team was led by partner Christopher Peterson, who co-heads the firm’s Capital Markets practice, and London-based partner Jeremy Willcocks and included associates Eric An, Brady Randall and Sara Kim.