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Published on 11/13/2019 in the Prospect News Emerging Markets Daily.

Fitch shifts view on VDF, VDF Factoring to stable

Fitch Ratings said it changed the outlooks on Volkswagen Dogus Finansman AS and VDF Faktoring AS to stable from negative and affirmed the companies’ long-term issuer default ratings at BB-.

The revision follows Fitch’s change in the outlook for Turkey to stable from negative.


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