Turkish corps can handle refi needs, says Moody’s

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Turkish corps can handle refi needs, says Moody’s

PA-Erdogan
Turkey's President Recep Tayyip Erdogan addresses local administrators in Ankara, Turkey, Wednesday, January 24, 2018. Erdogan said on Wednesday Turkey would extend its military operation in Syria to the town of Manbij, a move that could potentially bring Turkish forces into confrontation with those of their NATO ally the United States. Photo by DHA/ABACAPRESS.COM | Depo Photos/ABACA/ABACA/PA Images

Most rated Turkish corporates can handle their refinancing needs over the next 12-18 months, according to Moody’s. This is despite anecdotal evidence from bankers about deteriorating loan metrics in the country.

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