[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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Credit Rating
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Update Notification Flag
Hayır (No)
oda_CorrectionAnnouncementFlag|
Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
16.08.2017
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Postponed Notification Flag
Hayır (No)
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Announcement Content
oda_ExplanationSection|
Explanations
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Following the downgrade of Turkey's sovereign rating from BB+ to BB and determination of country outlook as "negative", international credit rating agency Fitch Ratings has reviewed credit ratings of Tüpraş along with other Turkish corporates in a similar situation; and our company's credit ratings have been downgraded from BBB- to BB+ with a negative outlook.