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Fitch rates Yapi Kredi Eurobonds BBB(exp)
Fitch Ratings said it assigned Yapi ve Kredi Bankasi AS' upcoming issue of Eurobonds an expected BBB(exp) rating.
Fitch said the notes are senior unsecured and will rank equally with all of Yapi Kredi's other senior unsecured obligations.
The expected rating is in line with Yapi Kredi's BBB/stable long-term foreign currency issuer default rating, which is driven by the bank's viability rating and also underpinned by potential support from UniCredit SpA.
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