Port News & Information Mediterranean, Black & Caspian Seas

Moody’s downgrades Mersin International Port to B1 from Ba2

Posted on

Mersin, Turkey (PortSEurope) June 19, 2019 – Moody’s Investors Service has downgraded to B1 from Ba2 the corporate family rating (CFR) of Turkey’s largest container port Mersin Uluslararasi Liman Isletmeciligi A.S. (Mersin International Port or MIP).  Concurrently, Moody’s has downgraded MIP’s senior unsecured rating to B1 from Ba2 and its probability of default rating to B1-PD from…

Subscribe or log in to continue reading
PortSEurope offers an English-language daily coverage from over 200 ports in the Mediterranean, Black and Caspian Seas as well as a fully indexed and easily searchable database with more than 15,000 articles.

Subscribe to weekly news

We keep you informed on the top European port news.