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Fitch withdraws Ak Yatirim Menkul Degerler's ratings

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Fitch withdraws Ak Yatirim Menkul Degerler's ratings

Fitch Ratings on Oct. 18 affirmed the B+/B long-and short-term foreign- and local-currency issuer default ratings of Turkey-based AK Yatirim Menkul Degerler AŞ and simultaneously withdrew the ratings, citing commercial reasons.

Also affirmed and withdrawn were the company's national long-term rating of A+(tur) and its support rating of 4.

At the time of withdrawal, the outlook on the long-term issuer default ratings was negative, while the outlook on the national long-term rating was stable.