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Prospect News home > News index > List of issuers M > Headlines for Mersin Uluslararasi Liman Isletmeciligi AS > News item |
S&P lowers Mersin
S&P said it downgraded its ratings on Mersin Uluslararasi Liman Isletmeciligi AS and its debt to B+ from BB-.
The lower rating follows the downgrade of Turkey’s sovereign local-currency rating to B+ from BB- on April 1, because all the issuer’s operations are based in Turkey, S&P said.
The outlook is negative.
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