Ceren Şen

Association Partner, Istanbul

Biography

Overview

Ceren concentrates on debt finance and debt-capital markets transactions. She advises a wide client base of both lenders and borrowers on a variety of secured and unsecured financings, including domestic and cross-border syndicated loan transactions, leveraged buyouts, project financings, corporate financings and restructurings. She acted for a number of private equity investors in their acquisition and leveraged financings backed by multi-layered security packages.

She also has a unique debt capital markets expertise, having advised many Turkish corporate issuers on their debut Eurobond and high yield issuances, as well as international arrangers and Turkish banks on the first-ever securitisations, including covered bond issuances, in the market.

Bars and Courts
Istanbul Bar Association
Paris Bar
Education
Turkish law degree
Istanbul University Faculty of Law
LLM Business Law, DJCE
University of Strasbourg

Faculty of Law

LLB Business Law, European Studies
University of Strasbourg

Faculty of Law

Languages
English
French
Turkish
For Turkish law matters, White & Case works with GKC Partners in Istanbul.

Experience

Mezzanine Finance: Representation of international investors such as energy funds, investment banks and sovereign wealth funds in their debt and equity investments in Turkish companies, including Mayhoola in Beymen, Kuwait Investment Authority in Zorlu Enerji, Goldman Sachs in We Soda Ltd., Crescent Capital in Çanakçı Enerji.

Acquisition Finance: Representation of Turkish private equity funds such as Actera, Mid Europa and Turkven, as well as Turkish commercial lenders such as T. Garanti Bankası A.Ş. and T. İş Bankası A.Ş. in the leveraged buyout of Turkish companies.

Refinancing: Representation of Turkish banks in the refinancing and rescheduling debt of major Turkish corporates and retail groups.

Project Finance: Representation of Turkish banks and sponsors in the infrastructure and project financings such as the Antalya Airport, highways and dams. Advising Turkish and international banks on the refinancing alternatives of the initial project financings through other instruments.

Structured Finance: Representation of international arrangers such as UniCredit Bank AG, Natixis and Barclays in setting up Turkey's first ever mortgage covered and SME loan covered bonds for major Turkish banks such as T. Garanti Bankası A.Ş., Vakıfbank, DenizBank, T. İş Bankası A.Ş. etc.

Debt Capital Markets: Representation of Turkish banks such as Yapı ve Kredi Bankası A.Ş. in setting up their Global MTN Programmes, as well as of Turkish issuers in their corporate bond and high yield issuances.

Syndicated lending: Representation of international lenders such as JP Morgan Chase Bank N.A. and Deutsche Bank in their structured and syndicated lending to Turkish banks.

Awards and Recognition

Ms. Şen was specifically named in IFLR 1000's Turkey review in 2010 and 2011 for her banking and finance work on the Turkish market. She has been mentioned as Notable Practitioner in the Chambers Europe guide since 2015 and is quoted to have "a growing presence in Turkish banking and finance, with expertise in structured finance and covered bonds in particular. Clients appreciate her knowledge of finance mandates with English law aspects".

Chambers Global recently listed Ceren as "Up and Coming" in its 2020 version.