Tuesday 21, March 2017 by Nabilah Annuar

Moody's assigns subordinated debt rating to Turkiye Sinai Kalkinma Bankasi

Moody's Investors Service assigned a provisional (P)B1(hyb) long-term foreign-currency subordinated debt rating to Turkiye Sinai Kalkinma Bankasi’s (TKSB) (TSKB—long term foreign-currency issuer rating of Ba1 with a negative outlook, short term foreign-currency issuer rating of NP and BCA of ba2) planned USD-denominated contractual non-viability Tier 2 bond issuance (the notes).