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English
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oda_CreditRatingAbstract|
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oda_UpdateAnnouncementFlag|
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Evet (Yes)
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oda_CorrectionAnnouncementFlag|
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Hayır (No)
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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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08.05.2018
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oda_DelayedAnnouncementFlag|
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Hayır (No)
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oda_ExplanationSection|
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oda_ExplanationTextBlock|
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International rating agency S&P Global Ratings has revised our Company's credit rating as "BB-" in accordance with its internal practice to reflect its decision announced on August 17, 2018 to downgrade Turkey's sovereign rating. The standalone rating of our Company, which has been revised as "BBB-", has been maintained at "investment grade" level.
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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.