10.02.2023 - Fitch Credit Rating

Due to our stronger than expected performance The International Credit Rating Agency Fitch raised our Incorporations Long-Term Foreign and Local-Currency Issuer Default Ratings (IDR) to ‘B+' from 'B', one-notch above Türkiye's sovereign rating. The outlook is also affirmed as negative.
Fitch has also affirmed BB- rating on our USD-denominated Enhanced Equipment Trust Certificate (EETC) issued in 2015.