Fitch upgrades Doğan, Hürriyet

November 18 2011 14:18:03

Fitch upgrades Doğan, Hürriyet

ISTANBUL- Hürriyet Daily News

Fitch Ratings upgraded the note of Doğan Yayın Holding and Hürriyet Gazetecilik, in terms of both local and foreign exchange currency from B to B+, according to a company’s Nov.15 statement on the Istanbul Bourse. Fitch confirmed Doğan Group’s outlook as “stable” and revised Hürriyet’s outlook from “negative” to “stable.”

Hürriyet Gazetecilik announced that Fitch confirmed “A(tur)” as the firm’s national long-term credit rating.

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