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Hayır (No)
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Hayır (No)
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02.06.2020
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Hayır (No)
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International credit rating agency Moody's Investors Service (Moody's) downgraded Government of Turkey's long‐term issuer rating to B2 from B1 with a negative outlook and also lowered Turkey's foreign currency bond ceiling to B2 from B1. Consequently, Moody's revised the long-term rating of Tüpraş to B2, maintaining the negative outlook and emphasizing that Company's ratings are constrained by Turkey's foreign currency bond ceiling. Further information related to credit ratings will be available on our website. |
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.