Turkish Airlines has been recognized for the “Structured Finance Deal of the Year” by Bonds & Loans.
Turkish Airlines’ $200 million European Export Credit Agency Guaranteed Japanese Operating Lease with Call Option (ECA JOLCO) won the Bonds & Loans Award for the Structured Finance Deal of the Year.
Turkish Airlines’ CFO, Coşkun Kılıç, received the award for Best Structured Finance Deal on behalf of the airline. In his acceptance speech he spoke of his great pride in winning the honor. He continued by saying that "Turkish Airlines exhibits leading performance in all areas of aviation, constantly working for continued success.
As a result of this ongoing effort, Turkish Airlines has received a wide range of awards that provide substantial encouragement and satisfaction to the Turkish Airlines team. I want to thank both Bonds & Loans and my devoted team, which has put their hearts and souls into the project.”
H.E. Ali Babacan, Deputy Prime Minister for Economic Affairs, opened the event, which was attended, via video broadcast, by the most senior business figures in Turkey. Mr. Babacan highlighted the impressive growth of Turkish markets since 2008, and also commented on the government initiatives being put into place to further support market growth.
The event was hosted by GFC-Global Financial Conferences' CEO, Alex Johnson, who said "the evening was very much about celebrating the impressive development of Turkey’s capital markets in a short period of time”.
Turkish Airlines has successfully completed another outstanding and innovative deal with one of its other major business partners, BNP Paribas, and has won an award for the Tax Lease Deal of the Year 2013, given by Airfinance Journal and presented in New York on 22nd May, 2014.
These are not the first groundbreaking deals engineered by Turkish Airlines as it has been repeatedly awarded for the European Aircraft Debt Deal of the Year by Jane’s Transport Finance, Global Transport Finance and Airfinance Journal in years 2006, 2008, 2011 and 2012.
Turkish Airlines, Inc.