Project Finance Deals of the Year 2012 awards were given to the winners by Euromoney Investor PLC , one of Europe's largest business and financial magazine publishers. Eurasia Tunnel Project has been selected as “European Deal of the Year”.
Managing Member of Board of Directors Yapı Merkezi Construction Inc. and Avrasya Tüneli İşletme İnşaat A.Ş (ATAS) Chairman Başar Arıoğlu, Yapı Merkezi Construction Inc. CEO Ozge Arıoğlu and ATAS Managers attended the award ceremony that was held on 13th February, in London.
ATAS, jointly owned by the leader Yapi Merkezi and SK Engineering&Construction of Korea, signed the finance documents on 11th December, in Ankara. The USD 960 million 18 years loan has been signed between ATAS and international and Turkish banks for financing the Eurasia Tunnel Project, that has a total investment of USD 1.3 billion.