Moody's: Turk Eximbank Ba1

Moody's Investors Service said it assigned a first-time Ba1 foreign-currency senior unsecured debt rating to Export Credit Bank of Turkey AS.

The outlook is positive.

Moody's said the Ba1 rating and its outlook assigned to the senior unsecured bond issuance is the same as the foreign currency issuer rating already assigned to Turk Eximbank, as ultimately all the payment obligations within the structure remain with Turk Eximbank.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.