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Clifford Chance Advises Alternatifbank on USD 200 Million AT1 Issuance

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Clifford Chance has advised Alternatifbank on the issuance of USD 200 million Perpetual Fixed Rate Resettable Additional Tier 1 Notes. HSF reportedly advised the joint lead managers.

According to Clifford Chance, the issuance supports Alternatifbank’s strategy of strengthening its capital structure through diversified funding instruments and reflects the continued development and sophistication of capital markets transactions in Turkiye.

The Clifford Chance team included Partners Matt Fairclough and Sait Eryilmaz, Counsel Basar Kirka, Senior Associate Lucia Ferrer, Associates Busra Altuntas and Alper Eski, and Trainees Grace Sohn and Isil Acar.