Mayer Brown Advises Türkiye İş Bankası (İşbank) On Its Inaugural Issuance Of Digital Native Notes (DNNs) On Euroclear’s Innovative Digital Financial Market Infrastructure
Mayer Brown is a distinctively global law firm, uniquely positioned to advise the world’s leading companies and financial institutions on their most complex deals and disputes. We have deep experience in high-stakes litigation and complex transactions across industry sectors, including our signature strength, the global financial services industry.
The DNNs were structured to settle on the D-FMI platform and subsequently transfer to the legacy platform of Euroclear. This enables investors that have not yet connected with distributable ledger technology...
United Kingdom
London - The $100 million issue of DNNs marks
the first DNNs issuance in Türkiye.
The DNNs were structured to settle on the D-FMI platform and
subsequently transfer to the legacy platform of Euroclear. This
enables investors that have not yet connected with distributable
ledger technology (DLT) to invest in the DNNs, providing additional
liquidity in the DNNs.
"The success of this transaction opens up a new chapter
for Turkish debt capital markets issuers and their participation in
the digitization of capital markets" says Mayer Brown
capital markets Partner, James Taylor. "We are delighted
to have supportedİşbank in this important area
of innovation in the debt capital markets."
Contributor
Mayer Brown is a distinctively global law firm, uniquely positioned to advise the world’s leading companies and financial institutions on their most complex deals and disputes. We have deep experience in high-stakes litigation and complex transactions across industry sectors, including our signature strength, the global financial services industry.
