Reed Smith has advised a syndicate of 14 banks on the signing of a facilities agreement providing €420,000,000 and $380,000,000 term facilities to Türk Telekom, Turkey’s leading communication and convergence technologies company.

The transaction closed on 20 November 2015.

The matter was led by Fernand Arsanios (partner) and Ben Davis (partner) and included Thierry Pujol d’Andrébo (associate).

Norton Rose acted for Türk Telekom (Ali Triptree (partner) and Alex Zekkos (associate)).