S&P: Erdemir view now stable

S&P said it affirmed its BB long-term corporate credit rating on Eregli Demir ve Celik Fabrikalari TAS (Erdemir) and revised the outlook on the rating to stable from negative.

S&P said the affirmation and outlook revision follow S&P’s revision of the outlook on the sovereign rating on Turkey to stable from negative.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.