[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
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Credit Rating
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Update Notification Flag
Hayır (No)
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Correction Notification Flag
Hayır (No)
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Date Of The Previous Notification About The Same Subject
-
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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 agency Standard & Poor's (S&P) raised the stand-alone credit profile of Turkish Airlines by one notch to bb from bb- based on our Incorporation's strong operational and financial performance. The Agency affirmed our B (stable) issuer credit rating at the sovereign rating level.
S&P also affirmed B(sf) rating on our USD denominated Enhanced Equipment Trust Certificates (EETC) issued in 2015.