17.05.2013 21:00:00
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Istanbul, Metropolitan Municipality of -- Moody's upgrades Turkish sub-sovereign ratings following sovereign action; stable outlook
Milan, May 17, 2013 -- Moody's Investors Service has today upgraded the issuer ratings of the Metropolitan Municipalities of Istanbul and Izmir to Baa3 from Ba1. Izmir's national scale issuer rating was also upgraded to Aa3.tr from A1.tr.