DeFacto IPO



Project number:


Business sector:

Manufacturing and Services

Notice type:


Environmental category:


Target board date:

26 Apr 2018


Board Approved

PSD disclosed:

02 May 2018

Project Description

A participation in the initial public offering (IPO) on Borsa Istanbul of DeFacto Perakende Ticaret A.S, a Turkish apparel retailer.

Project Objectives

The EBRD's investment will contribute to the development of local capital markets in Turkey.

Transition Impact

The expected transition impact of the project will stem from its contribution to the "resilient" and "integrated" qualities of an open market economy.

Client Information


Environmental and Social Summary

Category B (2014).

The company publishes a Sustainability Report which links the company's activities in the areas such as environment, occupational health and safety (OHS), social impact and stakeholder engagement with its development goals.

Technical Cooperation


Company Contact Information

Onder Senol
+90 533 2109050
+90 212 8865129
+90 533 2109050
DeFacto Plaza Basin Ekspres Yolu Bahariye Cad. No.31 34303 Halkali Kucukcekmece / Istanbul

Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168

Public Information Policy (PIP)

The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP

Project Complaint Mechanism (PCM)

The Project Complaint Mechanism (PCM) is the EBRD's accountability mechanism. It provides an opportunity for an independent review of complaints from individuals and organisations concerning EBRD-financed projects which are alleged to have caused, or are likely to cause, environmental and/or social harm.

Please visit the Project Complaint Mechanism page to find information about how to submit a complaint. The PCM Officer ( is available to answer any questions you may have regarding the submission of a complaint and criteria for registration and eligibility, in accordance with the PCM Rules of Procedure.