Page 23 - TURKRptJul21

Oct-20
Antalya Port
full
$140mn
Qatar
Global Ports
Aug-20
Zubizu
-
-
DgPays
Dogus Holding
Jul-20
Dogus Marina
100%
-
CVC/Luxemburg
Dogus Holding
Feb-20
n11
mandate
-
Citi, BoA
SK/Korea, Dogus
Dec-19
ICA(3rd Bosphorus Bridge)
51%
$688.5mn
China Merchants Group
Astaldi-Ictas
Apr-18
D.ream
17%
$200mn
Temasek/Singapore
Dogus Holding
Major bankruptcies and executions in Turkey
Date
Taken-over
Stake
Debt
Creditor
Bankrupted
Jun-21
Zeki Triko
liquidation
-
-
-
Jun-21
8 aircrafts
foreclosure
€0.5mn
Tav(TAVHL)-Fraport(Germany)
Onur Air
Jun-21
938 private schools
on sale
-
-
-
Apr-21
Two hotels
-
$42mn
Denizbank (DENIZ/DNZ)
Marti (MARTI)
Mar-21
UEFA revenues 20-21
15%
-
UEFA
Besiktas
Mar-21
Hisar factory
full
TRY94mn
Ziraat
Hisar kitchenware
Mar-21
Turyap
full
on sale
execution tender
-
Feb-21
Bimeks
liquidation
-
-
Vedat Akgiray(ex-SPK head)
Feb-21
Oven production plant
on sale
-
Garanti BBVA
Termikel
Jan-21
9,376 real estates
on sale
-
27 banks
data compiled by daily Dunya
Dec-20
Les Ottomans Hotel
full
TRY430mn
Akbank
Unal Aysal
Nov-20
Keskinoglu
100%
-
Ziraat-Halk-Vakif
Mehmet Keskinoglu
Feb-20
Yeni Elektrik
execution
$560mn
Yapi Kredi, Isbank, Garanti, Vakifbank
Unal Aysal
Nov-19
Atlasjet
execution
-
-
-
Sep-19
Turk Telekom
55%
$4.7bn
Garanti, Isbank, Akbank
Hariri/Lebanon
Sep-19
Three power plants
rumour
$1.9bn
Garanti, Is, Ak, EBRD, Deniz, Yapi Kredi
ACWA, Gama, Ansaldo
Aug-18
Fleetcorp Turkey
liquidation
€300mn
-
Fleetcorp
6.2 Central Bank policy rate
Steve Hanke of Johns Hopkins University: “By my measure, inflation is 32%/yr. So, real interest rates in Turkey are -13%. The lira is TOAST.”
23 TURKEY Country Report July 2021 www.intellinews.com