Clifford Chance (CC) has advised on two Turkish bond deals with a combined value of nearly £1bn.

The office picked up an issuer-side mandate for TurkEximBank on the sale of $500m (£323m) of notes due in 2016. The firm fielded a London-based team under corporate partner David Dunnigan and US securities partner Chris Walton, with Mete Yegin – a partner at CC's Turkish associate law firm Yegin Legal Consultancy – leading the team in Turkey.

Allen & Overy took the 
lead for the underwriters, fielding a team led by 
London-based Sachin Dave, a New York-qualified capital markets partner.

In the second deal, CC advised Bank of America Merrill Lynch and HSBC as underwriters on the Republic of Turkey's $1bn (£645m) offering of notes due in 2022. The issuance, one of a number the magic circle firm has completed for the Republic of Turkey on the underwriter side, saw CC fielding a team including corporate partners Robert MacVicar and Chris Walton.

US law firm Arnold & Porter advised the Republic of Turkey, fielding a team under New York corporate partner Steven Tepper.

Walton commented: "The transactions represent TurkEximBank's first international bond issue since 2000 and the latest in a long line of international debt offerings by the Republic of Turkey where we have been involved."