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English
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oda_CreditRatingAbstract|
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Hayır (No)
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Hayır (No)
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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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16.08.2017
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Hayır (No)
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oda_ExplanationTextBlock|
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Following the downgrade of Turkey's sovereign rating from BB+ to BB and determination of country outlook as "negative", international credit rating agency Fitch Ratings has reviewed credit ratings of Tüpraş along with other Turkish corporates in a similar situation; and our company's credit ratings have been downgraded from BBB- to BB+ with a negative outlook. |
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.