Norton Rose Fulbright has advised DowAksa on the deal.
DowAksa obtained US$100 million sustainable financing from a club of Turkish banks.
DowAksa plans to utilize the sustainability linked project finance loan, that has a maturity of nine years with a two-year grace period, to increase its production capacity of carbon fiber in Turkey.
The Norton Rose Fulbright Istanbul-based team included Ayse Yüksel Mahfoud (Picture), Utku Ünver and H. Alper Tüzün.
Involved fees earner: Ayse Yuksel Mahfoud – Norton Rose Fulbright;
Law Firms: Norton Rose Fulbright;