Click here to view page content
BOND INFO
Investing in Türk Telekom

Credit Rating

Credit Rating

On June 3,2014 Fitch Ratings published Turk Telekom’s “BBB-“ Rating and affirmed this rating on 27 June,2016. Fitch Ratings changed Turk Telekom’s rating outlook as Negative on 25th of August,2016 after they downgraded Turkey’s outlook to Negative on 19th August,2016. On June 4,2014 Turk Telekom assigned BB+ Rating by S&P Global Ratings. S&P upgraded Turk Telekom on July 23,2014 due to improvement in Turk Telekom's liquidity position following issuance of a debut US$1 billion bond and affirmed this rating on 10 August, 2015. S&P Global Ratings upgraded the Outlook from Negative to Stable on May 11,2016. Lastly , S&P Global Ratings changed Turk Telekom’s rating outlook as Negative on 22nd of July,2016 after they downgraded Turkey’s credit note from BB+ to BB on 20th July,2016. S&P Global affirmed its rating and Outlook for Turk Telekom in its 19 August 2016 dated annual review report. On November 10, 2016 S&P Global Ratings has revised our company’s long term foreign currency corporate rating outlook from “negative” to “stable”, while affirming the corporate rating of “BBB-” (investment grade). The outlook revision is driven by the revision in sovereign outlook. The corporate credit ratings are as follows:

Fitch S&P Global Ratings
Last update August 25,2016 Novomber 10,2016
Long Term Rating BBB- BBB-
Outlook Negative Stable

Fitch Ratings

Fitch Ratings Date PDF
Press Release - Fitch Ratings Outlook Revision August 25,2016

Press Release - Fitch Ratings Annual Review June 27,2016

Press Release - Fitch Ratings Annual Review June 30,2015

Press Release - Fitch Initiation Rating Note June 3,2014

S&P Global Ratings

S&P Global Ratings Date
Press Release – S&P Global Ratings Outlook Review November 10,2016

Press Release – S&P Global Ratings Annual Review August 19,2016

Press Release - S&P Global Ratings Outlook Revision July 22, 2016

Press Release- S&P Global Ratings Outlook Revision May 11, 2016

Press Release – S&P Global Ratings Review August 10, 2015

Press Release – S&P Global Ratings Upgrading Rating Note July 24, 2014

Press Release- S&P Global Ratings Initiation Rating Note June 4,2014

It shall be noted that these ratings can be revised, suspended or removed by the respective rating agency at any time.

Please add your personal notes

These notes are only visible to you.