Erdem & Erdem Assists Ata Turizm on Its Initial Public Offering
Erdem & Erdem assisted Ata Turizm İşletmecilik Taşımacılık Madencilik Kuyumculuk Sanayi ve Dış Ticaret A.Ş. (“Ata Turizm”), operating under Dorak Holding, in connection with its initial public offering and listing on Borsa Istanbul. With a total offering size of TRY 3.136 billion, the transaction stood out as one of the largest IPOs in the Turkish capital markets in recent years.
The IPO attracted strong investor demand, with total demand reaching approximately 5.7 times the offering size, exceeding TRY 1.6 billion in nominal value.
Ata Turizm’s shares commenced trading on Borsa Istanbul A.Ş. as of today.
We were pleased to work alongside Ata Turizm on this significant capital markets transaction and extend our sincere thanks to all stakeholders who contributed to the successful completion of the offering.
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