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Hayır (No)
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Hayır (No)
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15.06.2017
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Hayır (No)
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The Credit Rating Agency JCR Eurasia Rating has evaluated the consolidated structure of Kardemir and Its Subsidiaries and the "Cash Flows Relating to the Prospective Bond Issues" in a high-level investment-grade category and has upgraded the ratings on the Long Term National Scale to "A+(Trk)/Stable" on the Long Term National Scale. The ratings on the Long Term International Foreign and Local Currency Scales have been affirmed at "BBB-/Stable". Other notes and details of the ratings are given on the below table:
Respectfully Submitted. This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail. |
We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.