Arnold & Porter and Clifford Chance (CC) have taken the headline roles on the Turkish Government's $1.25bn (£780m) sukuk offering. The Islamic-compliant financing arrangement, which is for a five-year term, involved the issuance of lease certificates representing interests in Turkish Government real estate assets, which are then leased back to the Government.
October 16, 2013 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Arnold & Porter and Clifford Chance (CC) have taken the headline roles on the Turkish Government’s $1.25bn (£780m) sukuk offering.
The Islamic-compliant financing arrangement, which is for a five-year term, involved the issuance of lease certificates representing interests in Turkish Government real estate assets, which are then leased back to the Government.
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