Bio

Sera Somay is the partner heading the banking and finance practice at Paksoy. Ms Somay’s practice covers a broad range of financing transactions including; club loans, syndicated loans, regulatory capital, ECA covered loans, acquisition financing, various forms of secured financing and other structured financings. She has been representing international and local lenders as well as Turkish borrowers including the Republic of Türkiye. She worked on the first AT1 issuance by a Turkish bank. Ms Somay is also working on financial restructuring of debt and on debt collection proceedings and bankruptcy proceedings. She is advising funds and other institutional debt investors on their investment in the Turkish debt markets. Ms Somay also advises on regulatory M&As across a variety of sectors with a focus on Banking M&As. She is a member of the International Bar Association. In 2018, in 2019, in 2020 and in 2021, Sera Somay is named as a Women Leader by IFLR 1000, which is the guide to the world’s leading financial law firms recognising 300 female lawyers globally and 13 from Türkiye, that consider to be among the best transactional specialists in their markets and practice areas.