Tuesday, May 1, 2012

Reuters: Financial Services and Real Estate: TEXT-S&P ratings - Turkey (Republic of)

Reuters: Financial Services and Real Estate
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TEXT-S&P ratings - Turkey (Republic of)
May 1st 2012, 09:44

Tue May 1, 2012 5:44am EDT

(The following statement was released by the rating agency)

May 01 -

===============================================================================

Ratings -- Turkey (Republic of) ----------------------------------- 01-May-2012

===============================================================================

===============================================================================

CREDIT RATING: Country: Turkey

Local currency BBB-/Stable/A-3

Foreign currency BB/Stable/B Primary SIC: Sovereign

Mult. CUSIP6: 900123

Mult. CUSIP6: 900147

===============================================================================

Credit Rating History:

Local currency Foreign currency

20-Sep-2011 BBB-/A-3 BB/B

19-Feb-2010 BB+/B BB/B

===============================================================================

Issues:

Rating Rating Date

TRY8.284 bil 9.% nts due 05/21/2014 BBB- 20-Sep-2011

TRY1.71 bil 2.% nts due 01/29/2014 BBB- 23-Jan-2012

TRY2.147 bil 5.% nts due 12/04/2013 BBB- 23-Jan-2012

TRY1.09 bil 1.25% nts due 05/04/2016 BBB- 23-Jan-2012

TRY3.004 bil zero cpn nts due 07/17/2013 BBB- 23-Jan-2012

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