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Published on 11/11/2019 in the Prospect News Emerging Markets Daily.

Fitch shifts views on six Turkish corporates to stable

Fitch Ratings said it revised the outlooks on the long-term foreign currency issuer default ratings for six Turkish corporates to stable from negative and affirmed their ratings.

The revision comes after Fitch changed the outlook on Turkey’s long-term foreign currency IDR rating to stable from negative.

The issuers are Coca-Cola Icecek, Emlak Konut Gayrimenkul Yatirim Ortakligi AS, Ordu Yardimlasma Kurumu, Ronesans Gayrimenkul Yatirim AS, Turkiye Sise ve Cam Fabrikalari AS and Turkiye Petrol Rafinerileri AS.


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