Turkey’s macroeconomics vs. financial markets: How are rates, FX, trade and politics impacting Turkish borrowers’ access to the markets?

• FX, rates, trade, and policy: How are they impacting Turkey’s economic performance?
• Ratings and capital markets: What is the outlook for sovereign, banks and corporates’ ratings and how is this impacting access to the markets?
• Buy, sell or hold: What is investor sentiment for Turkish credit? Who can access the market and at what price?
• Bonds vs. loans, USD vs. TRY: What are the short and medium term impacts on Turkish spreads?
• Transition and ESG: Can social and sustainable bonds offer an alternative route to access new pools of capital?

Moderator

Alex Griffiths

Managing Director, Head of Corporate Ratings, EMEA

Fitch Ratings

Speakers

Burak Kaya

Managing Director, Head of Global Corporate and Investment Banking, Turkey

MUFG

Orhun Kostem

Chief Financial Officer

Sabancı Holding

Rodney Thomas

Managing Director

Apollo Global Management