Deals

Completion Date
January 2008

Transaction Type
Development Capital

Transaction Value
$23.5 million

Lead Partner
Tulay Kaya
Telephone +90 212 370 60 60

Background
Daruma Corporate Finance acted as sole advisor to Güriş İnşaat in arranging $23.5 million senior debt in the form of construction bridge facility.

Güriş Holding whose root went back to end 1950s is one of the leading conglomerates that has business activities in construction, energy, automotive, machinery manufacturing, steel. Güriş İnşaat is the major group company which is engaged in construction business.

What Difference Did We Make?
The transaction structure was highly value added for Güriş İnşaat and was based on the arranging financing for Güriş İnşaat's construction project in Dubai with corporate risk basis where Güriş Dubai (SPV company) is the borrower and Güriş İnşaat (parent company) is the guarantor.