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Thursday, September 18, 2014

Erdogan Ratings Company Threat Imperils Corporate Debt - Businessweek

Erdogan Ratings Company Threat Imperils Corporate Debt
By Taylan Bilgic September 18, 2014

Turkish President Recep Tayyip Erdogan’s threat to cut ties with rating companies risks harming investor sentiment toward corporate borrowers, which have doubled their foreign debt holdings in the past four years.

More:Erdogan Ratings Company Threat Imperils Corporate Debt - Businessweek