Moody's: No impact on ratings due to new series of notes to be issued by Garanti Diversified Payment Rights Finance Company
London, 26 January 2017-- Moody's Investors Service has announced today that the issuance by Garanti Diversified Payment Rights Finance Co. on or about 26th January 2017 of EUR 152.5 million Series 2017- A and Series 2017- B notes due in October 2021, which are not rated by Moody's would not, in and of itself and as of this time, result in the downgrade or withdrawal of the current ratings on outstanding notes issued by the Issuer. The outstanding notes of the Issuer are backed by...
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