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5 November 2020
Publication | Turkey | Banking & Finance | Practical Law - Finance Global Guide: Turkey Q&A, Thomson Reuters
The Turkey chapter has been written by partner Arpat Senocak and associate Mehmet Kösoglu, Özdirekcan Dündar Senocak Attorney Partnership (in association with Gide Loyrette Nouel in Turkey) . It is part of the global guide to finance, published by Thomson Reuters in November 2020.
This Q&A gives a high level overview of the lending market in Turkey, forms of security over assets, special purpose vehicles in secured lending, quasi-security, guarantees, and loan agreements. It covers creation and registration requirements for security interests; problem assets over which security is difficult to grant; risk areas for lenders; structuring the priority of debt; debt trading and transfer mechanisms; agent and trust concepts; enforcement of security interests and borrower insolvency; cross-border issues on loans; taxes; and proposals for reform.
► Click here to read the full chapter
