Headline: Fitch Assigns "B+" Rating to Zorlu Energy
Fitch Ratings assigned Zorlu Enerji Elektrik Üretim AŞ a final Long-Term Issuer Default Rating (IDR) of "B+". Additionally, Fitch assigned a "RR4" Recovery Rating and a final senior secured rating of "B+" to Zorlu's 800 million USD notes due in 2030 with an interest rate of 11%. The final rating of the notes reflects their finalized terms. The credit rating outlook is set to "stable."