[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
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Credit Rating
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Update Notification Flag
Evet (Yes)
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Correction Notification Flag
Hayır (No)
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Date Of The Previous Notification About The Same Subject
05.10.2022
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Postponed Notification Flag
Hayır (No)
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Announcement Content
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Explanations
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On March 31, 2023, S&P Global Ratings (S&P) affirmed its unsolicited sovereign credit ratings on Türkiye and its transfer and convertibility (T&C) assessment as "B", and revised its outlook from "Stable" to "Negative".

S&P's ratings on Türk Telekom are capped by its T&C assessment on Türkiye. Accordingly, the agency has affirmed our Company's credit rating as "B", and revised the outlook from "Stable" to "Negative".