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Fitch rates Akbank notes BBB-
Fitch Ratings said it assigned Akbank TAS's proposed eurobond issue an expected rating of BBB-.
The outlook is positive.
The notes are senior and will rank equally with all of Akbank's other senior unsecured obligations, Fitch said.
Akbank has BBB- long-term foreign currency and local currency issuer default ratings, F3 short-term foreign currency and local currency issuer default ratings and an AAA(tur) national long-term rating.
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