Standard & Poor's has recently assigned a 'BB' issue rating on the proposed sukuk certificates to be issued by Bereket Varlik Kiralama Anonim Sirketi, a special purpose company, with Albaraka Turk Katilim Bankasi as the obligor and managing agent. In this CreditMatters TV segment, Standard & Poor's Country Representative for Turkey Zeynep Holmes and EMEA Bank Analyst Goeksenin Karagoez discuss the rationale behind this assignment.
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