(Dubai) – Akin's Dubai capital markets team advised Türkiye Petrolleri Anonim Ortaklığı (TPAO), Türkiye's state oil and gas company, on the $500 million tap issuance of its inaugural $1 billion lease certificates, issued under TPAO's $4 billion trust certificate issuance program.
This transaction builds on Akin's role advising TPAO on both the formation of its $4 billion Sukuk program and its landmark $1 billion issuance, representing the first sukuk issuance by a Turkish public economic enterpr...
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