JCR Eurasia Rating evaluated "Vestel Elektronik Sanayi ve Ticaret AŞ" in investment grade category in its periodic annual review and affirmed the Company's ratings on Long-Tem and Short-Term National Scales as 'A (Trk)' and 'A-1 (Trk)', respectively along with 'Stable' outlook. Moreover, the ratings for the outstanding or prospective debt instrument issuances are affirmed as 'A (Trk)' for the long term and 'A-1 (Trk)' for the short term. On the other hand, the Company's Long Term International Foreign and Local Currency Ratings have been determined as 'BB+/Negative', the same level as the sovereign ratings of Turkey.
Vestel Elektronik Sanayi Ve Ticaret AS published this content on 18 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 December 2020 13:36:03 UTC