Fitch Ratings has assigned Hazine Mustesarligi Varlik Kiralama Anonim Sirketi’s (Hazine) $1.5 billionn of global certificates (Sukuk), due 26 March 2018, a ‘BBB-’ rating. The certificates have a profit rate of 2.803 per cent.
Hazine, an asset leasing company incorporated solely for the purpose of participating in this transaction, is wholly owned by the Republic of Turkey, acting through the Undersecretariat of the Treasury………………………………………..Full Article: Source