JCR Eurasia Maintains Erdemir and İsdemir's Credit Ratings at the Top

JCR Eurasia confirmed Erdemir and İsdemir's long-term 'AAA (tr)' and short-term 'J1+ (tr)' ratings with a 'Stable' outlook; both companies maintained the top tier of the investment grade scale.

JCR Eurasia Rating Inc. maintained Erdemir and İsdemir's long-term national credit ratings at 'AAA (tr)' and short-term national credit ratings at 'J1+ (tr)' with a 'Stable' outlook. Thus, both companies continued to hold their position at the top tier of the investment grade level.

The assessment once again highlighted OYAK's sustainable financial management approach and reliable balance sheet structure along with its industrial strength. Built on strong foundations, OYAK continues to add value to the country's industry and production.

Source: Demir Çelik Store