Credit Notes Roundup

Credit Notes Roundup for Turkey

Mavi Boncuk |

Standard&Poor's BB+ Positive

Moodys Ba2 Positive [1] (Ba Questionable security. Ability to meet obligations may be moderate.)
Fitch BB+ Outlook Stable

JCR BB+ Outlook Stable

[1] Moody's uses a letter grade scale that ranges from Aaa ("Exceptional") for the highest rating to C ("Lowest") for the least favorable rating (ie., Aaa, Aa, A, Baa, Ba, B, Caa, Ca, C). For classes Aa to B, Moody's adds a numerical modifier, from 1 (at high end of category) to 3 (at the lower end) to indicate the approximate ranking of a company in the particular classification.