Türk Telekomünikasyon AS

07/18/2019 | Press release | Distributed by Public on 07/18/2019 13:41

18 July 2019 dated Regulatory Disclosure – Credit Rating - Revision of Corporate Rating by Fitch

18 July 2019 dated Regulatory Disclosure - Credit Rating - Revision of Corporate Rating by Fitch

17.07.2019

On July 12 2019, Fitch Ratings revised Turkey's Long-term Foreign Currency Issuer Default Rating (IDR) from "BB" to "BB-". Country ceiling was also revised from "BB+" to "BB-".

As a result of the revision in the country rating and country ceiling, Fitch has revised our Company's long-term foreign and local currency issuer default ratings (IDRs) and senior unsecured instrument ratings from "BB+" to "BB-".​