[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
oda_CreditRatingAbstract|
Credit Rating
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Update Notification Flag
Hayır (No)
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Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
29.09.2021
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Postponed Notification Flag
Hayır (No)
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Announcement Content
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Explanations
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International credit rating agency Moody's Investors Service (Moody's) downgraded Government of Turkey's long‐term issuer rating to B3 from B2 with a stable outlook and also lowered Turkey's foreign currency bond ceiling to B3 from B2. Having emphasized that the credit rating was constrained by the country's borrowing ceiling, long-term credit rating of our Company was downgraded to "B3" from "B2" while changing the outlook from "Negative" to "Stable".

Further information related to credit ratings will be available on our website. This statement was translated into English for informational purposes.

In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.