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ACRA Europe downgrades unsolicited credit ratings of Turkey to B+, outlook Stable
Friday, 10 January 2020

The Republic of Turkey (hereinafter, Turkey, or the country) has been assigned the following ratings:

  • Long-term foreign currency credit rating at B+ and local currency credit rating at B+;
  • Short-term foreign currency credit rating at B and local currency credit rating at B.
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ACRA Europe affirms unsolicited rating A- to STROPKOV, outlook Stable
Friday, 06 December 2019

The rating assigned to the city of Stropkov (hereinafter, the City) remains unchanged and is based primarily on the City's very low indebtedness and the low probability of its increase over the next 2-3 years, high short-term liquidity, and sufficient current balance surpluses.

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ACRA Europe affirms unsolicited rating of BBB+ to DUNAJSKÁ STREDA, outlook Stable
Friday, 06 December 2019

The rating assigned to the city of Dunajská Streda remains unchanged and is mainly based on a positive assessment of high liquidity levels and operating balance surpluses. In the debt profile, the lower assessment is based on the results of the debt burden analysis, where ACRA Europe has lowered the scoring because of deterioration in the debt outlook indicators.

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