QInvest Arranges a US$ 200 Million Syndicated Facility for Tüpraş, Turkey

  QInvest Arranges a US$ 200 Million Syndicated Facility for Tüpraş, Turkey

  *1-year syndicated financing facility for Turkey’s largest industrial
    enterprise
  *QInvest acting as Sole Bookrunner and Structuring Advisor
  *Syndicate comprised of 9 banks with QInvest, Qatar Islamic Bank Q.S.C.,
    Barwa Bank, The Commercial Bank of Qatar Q.S.C. and First Gulf Bank taking
    the Mandated Lead Arranger role, Ahli United Bank B.S.C, Al Hilal Bank
    PJSC, Doha Bank Q.S.C and Dubai Islamic Bank PJSC as Lead Arrangers

Business Wire

DOHA, Qatar -- October 21, 2012

Türkiye Petrol Rafinerileri A.Ş. (“Tüpraş” or the “Company”) has signed a US$
200 million, 1 year facility with a syndicate of nine banks from the GCC.

Shahzad Shahbaz, CEO of QInvest (Photo: Business Wire)

Shahzad Shahbaz, CEO of QInvest (Photo: Business Wire)

Founded in 1983, Tüpraş is engaged in refining and distribution of petroleum
products in Turkey and internationally. Tüpraş is listed on Istanbul Stock
Exchange and has a market capitalisation of US$ 5.7bn as at 05 October 2012.
The Company is 49.0% owned by the public, and 51% by Enerji Yatırımları A. Ş,
a joint venture between Koç Holding and Shell.

Tüpraş is the leading refiner in Turkey, accounting for almost 60% of Turkish
petroleum product consumption. The Company is the 7th largest refinery company
in Europe, and has the world’s 29th largest refining capacity.

QInvest, Qatar’s leading investment bank, acted as Sole Bookrunner and
Structuring Advisor to Tüpraş, with QInvest, Qatar Islamic Bank Q.S.C., Barwa
Bank, The Commercial Bank of Qatar Q.S.C. and First Gulf Bank participating as
Mandated Lead Arrangers (“MLA”). The MLAs were joined in the facility at Lead
Arranger level, Ahli United Bank B.S.C, Al Hilal Bank PJSC, Doha Bank Q.S.C
and Dubai Islamic Bank PJSC.

About QInvest : For more information please visit: www.qinvest.com

*Source: ME NewsWire

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Contact:

QInvest
Bassel Hanbali, +974 6654 2099
bassel.hanbali@qinvest.com
 
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