Moody's assigns (P)B1(hyb) subordinated debt rating to Akbank TAS
London, 06 March 2017-- Moody's Investors Service has today assigned a provisional B1 long-term foreign-currency subordinated debt rating to Akbank TAS's planned US dollar-denominated contractual non-viability Tier 2 bond issuance under its global medium term note programme. The provisional rating assigned to the subordinated debt obligations of Akbank is positioned two notches below the bank's adjusted baseline credit assessment of ba2, in line with Moody's...
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