Moody’s broke the ratings of 8 Turkish companies

09:52 18.09.2020(Updated 09:53 18/09/2020) Shorten the URL

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Moody’s then slows down. Turkey’s credit rating company lowered its rating at 8pm.

International Credit Rating Agency Moody’s, Then Slow Down Turkey’s credit rating company lowered its rating at 8pm.

According to Moody’s statement, the credit ratings of Anadolu Efes, Coca Cola İçecek, Erdemir, Koç Holding, OYAK, Turkcell, TÜPRAŞ and Şişecam were raised from ‘B1 to’ B2. The credit ratings outlook is set to ‘Negative’.

Erdogan said ‘your grades are worth nothing’

Moody’s last week, Turkey’s credit rating to B2 from B1 downloaded, sees the ‘negative’ as it had claimed. On this, President Recep Tayyip Erdogan, in his speech at the TOBB ETÜ graduation ceremony, ” Turkey is currently reaching the peak of the economy, not the ceiling, and now they are climbing back on our way to lower our score. Whatever you do, these valuations of yours are worthless. Whatever the truth. Our realities are so different“Expressions were used.