Moody's rates Yuksel Insaat B1

Moody's Investors Service said it assigned a B1 corporate family and probability of default rating to Yuksel Insaat SA.

The outlook is stable.

The ratings are underpinned by solid metrics, such as debt-to-book capital at 39.8% and EBITA-margin of 6.4%, positioned strongly within the rating category, Moody's said.

The ratings are constrained by the company's small size compared to globally rated peers and its mid-market position in the domestic Turkish market, the agency said.

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