Page 46 - TURKRptDec20
P. 46

             Moody's Investors Service ​affirmed​ Turkey’s largest mobile operator Turkcell at B2/Negative​, five notches below investment grade in line with Turkey’s sovereign rating.
Turkcell also has another $500mn of 10-year eurobonds outstanding, due 2028 (XS1803215869).
Turkcell on November 24 ​sold​ $20.5mn of its own eurobonds under a buyback programme it launched in July 2016.
Fitch ​affirmed​ Turkey-based port operator Mersin Uluslararasi Liman Isletmeciligi’s $600mn senior unsecured debt at 'BB-/Negative​.
    46​ TURKEY Country Report​ December 2020 ​ ​www.intellinews.com
   44   45   46   47   48