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Arnold & Porter Advises Republic of Turkey on $3 Billion Sukuk Financing

February 24, 2022

Arnold & Porter advised the Republic of Turkey in connection with its issuance of $3 billion of its 7.25% lease certificates due February 2027. The Sukuk was structured to comply with Shariah law.

Arnold & Porter also represented Turkey in its seven 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 partners Christopher Peterson and Jeremy Willcocks and included associates Brady Randall and Kardia Leung.