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      Capital and Debt Advisory Services

      Raising new debt on favourable terms, or renewing existing facilities, has become tougher, even for the strongest borrowers.
       

      In today's conditions, access to financing as well as the conditions of the financing accessed provide an important competitive advantage for companies. Due to tightening market conditions, even the strongest companies may experience difficulties in accessing the right financing.

      With our local team of experts and international experience, KPMG Türkiye provides professional services on issues such as obtaining new financing, improving the terms of existing financing, and managing relationships with lenders. At KPMG Türkiye, we also assist our clients with financial restructuring, syndicated loans, project finance loans, sustainable indebtedness level determination, independent review & monitoring report, negotiations with lenders, working capital loans and acquisition financing.

      Borrowers need to realistically appraise the nature of their present banking relationships, evaluate alternatives, understand their true cost of capital, and approach debt in the context of an effective overall capital management strategy.

      Poorly structured debt facilities can result in reduced profitability, increased financial risk and wasted management time.

      Boards, and their CEOs, CFOs and treasurers increasingly appreciate the need for an independent view on important funding decisions and advice on funding strategies, debt procurement and capital management.



      How KPMG Can Help?

      KPMG can support you across the full spectrum of debt products, including analysis, structuring, arrangement leadership, and execution.

       

      Capital Structure Planning
      Aligning capital structure with long-term strategic objectives.

      Financing Options and Alternatives
      Conducting detailed credit assessments and debt capacity analyses, evaluating market-based funding options, and advising on available terms and conditions.

      Debt Raising and Refinancing
      Providing structuring advice and supporting the use of debt instruments across all markets.

      Acquisition and Growth Financing
      Developing and implementing funding strategies for mergers and acquisitions, strategic growth opportunities, and capital-intensive projects.

      Credit Rating Assessment and Advisory
      Supporting the formal credit rating process, assessing potential rating outcomes, and advising on business and capital management initiatives designed to enhance credit profiles.

      Restructuring and Negotiation
      Assisting clients in strengthening lender relationships, negotiating covenant structures and credit facilities, and advising on restructuring options.

      Benchmarking and Criteria
      Providing independent and objective benchmarking of debt levels, terms, and costs for related party transactions to support tax, audit, and governance compliance.



      Operational and Financial Performance Improvement

      When you need to address operational or financial challenges and improve performance, our experts help you prioritize key issues and focus on the right path forward.

      In a rapidly changing environment, every organization faces challenges. Missteps can have significant implications for both corporate performance and enterprise value. With our integrated team of specialists, KPMG provides guidance during critical periods, helping you deliver tangible results for your stakeholders.

       

      Operational Restructuring

      To overcome operational or financial challenges and improve performance, it is essential to quickly stabilize your cash and liquidity position while taking a realistic view of available options.

      We offer a tailored approach to stabilizing underperforming businesses by identifying and assessing strategic, operational, organizational, and financial transformation opportunities to deliver measurable outcomes. By evaluating your liquidity position and establishing a stakeholder management plan, we help lay a solid foundation for recovery.

      With our integrated team, we support you in focusing on key questions to achieve operational optimization:

      • Option Identification: How can I assess my options quickly and effectively?
      • Stabilization: How can I stabilize operations and evaluate my financial position?
      • Solution Strategy: What are the financial returns of different options?
      • Execution: How can I ensure full implementation of the chosen strategy?
      • Value Realization: What are the risks and costs associated with each option, including contingency plans?

       

      Financial Restructuring

      When a company faces financial distress, stakeholders often require additional information or resources to restore confidence. We help you navigate the complex landscape of borrowers, lenders, and shareholders, enabling effective stakeholder communication and informed decision-making. We also support the rapid assessment of short-term liquidity needs and actions required to preserve value and address potential risks that may hinder stabilization.

      As part of restructuring processes, we prepare the Independent Business Review (IBR), providing an objective and independent assessment of your current financial position.

      With our integrated team, we help you focus on key considerations to enable sustainable operational and financial transformation:

      • Assessment and Stabilization: Do I have sufficient liquidity to sustain operations?
      • Option Evaluation: Do I understand what went wrong and how to address it?
      • Stakeholder Negotiations: How can I keep all parties engaged in the process?
      • Option Development: Which sustainable capital structure offers the best chance of success?
      • Implementation: How can I align all stakeholders to implement the new capital structure?
      • Ongoing Monitoring: How can I ensure continuous improvement and business stability?

       

      Controlled Exit Strategies

      During periods of distress, management teams face multiple competing challenges. In such situations, we support you in assessing your position and, where necessary, developing a practical exit or wind-down strategy. By working closely with you and your stakeholders, we help identify the most value-maximizing path forward.

      We assist in evaluating the impact and risks of different options and in developing a detailed strategy plan that optimizes stakeholder outcomes. Throughout the process, we support your organization in restoring financial stability and resilience.

      With our integrated team, we help you focus on key questions throughout the planning, execution, and completion of a controlled exit process:

      • Distressed Business Assessment: How critical is the situation?
      • Exit Planning: What are my available options?
      • Initiation of the Process: What steps should be taken once formal proceedings begin?
      • Execution: How can I maximize value realization?
      • Exit from Formal Proceedings: How can the business return to normal operations? 

      Capital Advisory

      With our integrated team of specialists, KPMG provides guidance throughout the process to help you optimize your capital structure in line with your business strategy.

      Achieving sustainable growth requires a strategic approach to defining your capital financing objectives and understanding the full spectrum of options available, including debt financing, hybrid instruments such as mezzanine financing, and equity financing such as initial public offerings.

      Our Capital Advisory practice brings together experience, insight, and strong market knowledge to deliver holistic and independent advice aligned with your strategic goals. From initial assessment through to successful execution, we support you in securing the capital you need. We assist across a broad range of financing options, including equity offerings, financial investor funding, and hybrid solutions such as mezzanine financing.

      Our team not only advises on the most suitable financing approach and how to access it, but also supports you throughout the preparation process. Through clear and consistent communication, we help you build and strengthen investor support for your financing transactions.


      Contact Us

      Please use this form to submit your inquiries to KPMG. We will be in touch with you shortly.



      Contact Us

      Orhan Turan

      Capital & Debt Advisory Partner

      KPMG in Türkiye

      Savaş Görkem Yapan

      Capital & Debt Advisory Associate Partner, Real Estate and Construction Industry Leader

      KPMG in Türkiye