advised ICA Ictas Altyapi Yavuz Sultan Selim Koprusu ve Kuzey Cevre Otoyolu Yatirim ve Isletme A.S. on its issuance of US$405m 7.536% Secured Amortising Notes.
Following several PPP projects in the motorway sector, this is Germany’s first ever PPP project for a federal highway (bundesstrasse), with construction beginning in autumn 2021.