TEXT - Fitch revises Dogan Yayin Holding outlook
Nov 14 - Fitch Ratings has revised the Outlook on Dogan Yayin Holding (DYH) to Positive from Stable and affirmed its Long-term foreign and local currency Issuer Default Ratings (IDRs) at 'B+'. The ratings reflect the company's dominant position in the Turkish media sector but still high FFO adjusted net leverage at YE 2012 of 6.5x. The Positive Outlook reflects Fitch's expectation that this will substantially reduce in 2013, mainly from the disposal proceeds of Star TV as well as improved
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