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Published on 7/19/2016 in the Prospect News Emerging Markets Daily.

Moody’s reviews Mersin

Moody's Investors Service said it placed the Baa3 long-term issuer rating and the Baa3 senior unsecured rating of Mersin Uluslararasi Liman Isletmeciligi AS on review for downgrade.

The action follows Moody's review for downgrade of Turkey's Baa3 government bond rating driven by the need to assess the impact of the failed military coup on the country's economic growth, policymaking institutions and external buffers, given the existing challenges in all of these areas.


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