Ratings & Bonds
Turkish Airlines Corporate Credit Ratings
| Foreign Currency | S&P | Moody's | Fitch | JCR Eurasia |
| Date | 2 December 2021 | 10 May 2022 | 11 Feb 2022 | 25 October 2021 |
| Rating | B | B3 | B | BB |
| Outlook | Stable | Stable | Stable | Stable |
Bonds
On March 2015, Turkish Airlines issued one tranche of Enhanced Equipment Trust Certificate (EETC). Details of the certificate can be found below.
|
Summary |
|
| Issuer: | Bosphorus 2015 LLC |
| Type: | Enhanced Equipment Trust Certificate (EETC) |
| ISIN: | US10010YAA01 |
| Isue Date: | March 2015 |
| Principal amount: | USD 328,274,000 |
| Maturity: | 12 years (due 15 March 2027) |
| Coupon: | 4.20% / p.a. |
| Listening: | Irish Stock Exchange |
In September 2015, Turkish Airlines issued three tranches in relation to Private Offering of World’s First JPY Denominated Enhanced Equipment Trust Certificate (EETC). Details of the certificates can be found below.
|
Summary |
|||
| Class A | Class B | Class C | |
| Issuer: | Anatolia Pass Through Trust | Anatolia Pass Through Trust | Anatolia Pass Through Trust |
| Type: | Enhanced Equipment Trust Certificate (EETC) | Enhanced Equipment Trust Certificate (EETC) | Enhanced Equipment Trust Certificate (EETC) |
| Book Runner & Structuring Agent: | Mizuho Securities Co., Ltd. | Mizuho Securities Co., Ltd. | Mizuho Securities Co., Ltd. |
| Sales Agent | DBJ Securities Co., Ltd. | DBJ Securities Co., Ltd. | DBJ Securities Co., Ltd. |
| Isue Date: | September 2015 | September 2015 | September 2015 |
| Principal amount: | JPY 8.500.000.000 | JPY 1.950.000.000 | JPY 1.489.000.000 |
| Maturity: | 12 years (20 September 2027) | 9 years (20 September 2024) | 7 years (20 September 2022) |
| Coupon: | 1,228% / p.a. | 1,489% / p.a. | 2,214% / p.a. |
| Listening: | Private Placement | Private Placement | Private Placement |