Fitch upgrades Turkiye Wealth Fund’s rating to B+

Credit rating agency says fund’s outlook positive

The credit rating agency Fitch upgraded Türkiye Wealth Fund’s (TWF) rating to B+ and its outlook to positive on Tuesday.

The fund’s previous rating was B,the credit rating agency recalled in a statement.

“Fitch has also upgraded TWF’s senior unsecured notes to ‘B+’ from ‘B’. A full list of rating actions is below,” the statement read.

TWF has 30 companies in seven sectors, two licenses, and real estates in its portfolio.

Source: aa

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button