Announcements

    Drinks

      Instrument data
      Senority
      Unsecured
      Currency
      TRY
      ISIN
      TRT150120T16
      Coupon percent
      10.5%
      Coupon type
      Fixed:Plain Vanilla Fixed Coupon
      Instrument volume
      1,073,980,636
      Maturity date
      15/01/2020
      -
      WD Outlook: N/A
      WD Outlook: N/A
      Latest change
      Withdrawal
      16/01/2020
      General information
      Rating
      Public
      Unsolicited
      With no issuer participation
      EU Rated
      Withdrawal reason: end of maturity of the debt obligation, or in case the debt is redeemed, called, prefunded, cancelled
      Thomas Gillet Lead analyst
      Dr. Giacomo Barisone Committee chair
      Scope affirms Turkey’s credit rating at BB-, maintains Outlook at Negative

      14/6/2019 Rating announcement EN

      Scope affirms Turkey’s credit rating at BB-, maintains Outlook at Negative

      External sector risks, a deterioration in institutional strengths and increased macroeconomic imbalances underscore the Negative Outlook. Low public debt, resilience in the banking system and a flexible exchange rate support the rating level.

      Scope downgrades Turkey’s credit rating to BB- from BB+ and changes Outlook to Negative

      16/8/2018 Rating announcement EN

      Scope downgrades Turkey’s credit rating to BB- from BB+ and changes Outlook to Negative

      Deterioration in Turkey's institutional strengths, increased macroeconomic imbalances and risks to reserve adequacy drive the downgrade. Policy uncertainty, rising event risks and ongoing external vulnerabilities underscore the Negative Outlook.

      Scope places Turkey’s BB+ ratings under review for downgrade

      26/7/2018 Rating announcement EN

      Scope places Turkey’s BB+ ratings under review for downgrade

      The erosion of Turkey's institutional strength and rising economic and external imbalances drive the placement under review. High growth potential, exchange rate flexibility, sound public finances and banking sector resilience support the rating.

      Scope upgrades Turkey’s newly published credit rating to BB+ from BB and changes Outlook to Stable

      22/9/2017 Rating announcement EN

      Scope upgrades Turkey’s newly published credit rating to BB+ from BB and changes Outlook to Stable

      A large and resilient economy, sound public finances and a well-regulated banking sector support the rating; high external financing needs of the private sector, application of rule of law and political uncertainties are constraints.

      Date Title