CreditMarket data 2026-09-04

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Worqcompany Diş Ti̇caret Anoni̇m Şi̇rketi̇#

Fund User detail page — this entity is the credit-bearing borrower behind 7 sukuk across 2 SPVs. See CONVENTIONS §14 on the SPV vs Fund User distinction.

Outstanding Sukuk
7
all ISINs where this entity is Fund User
Total Raised
₺1.43B
nominal across all SPVs
SPVs Used
2
distinct Varlık Kiralama vehicles
Sector
Other
classification from KAP entity name
Refi Risk (12m)
0.79×
moderate · ₺1.13B maturing vs ₺1.43B issued
Latest Captured Rating (Fund User)
A-2
Investment Grade · DRC Derecelendirme Hizmetleri A.Ş. · 2025-11-25 · validity unverified

Rating Decision History#

Latest decision-grain evidence for this borrower hierarchy. Status and raw agency notation remain source-specific. Open all 6 matching decisions.

Latest rating decisions matching WORQCOMPANY DIŞ TİCARET ANONİM ŞİRKETİ
Decision dateBorrowerRoleAgencyRaw agency notationScaleAction / outlookStatusEvidence
2025-11-25WorqCompany Dış Ticaret A.Ş.Fund UserDRC RatingA-2 (Kısa Vade Ulusal İhraççı Notu)Türkiye NationalKAP issuance observationKAP observation; not currentKAP issuance
2024-10-31WorqCompany Dış Ticaret A.Ş.Fund UserDRC RatingBBB+ (Uzun Vade Ulusal İhraççı Notu)Türkiye NationalKAP issuance observationKAP observation; not currentKAP issuance
2024-10-31WorqCompany Dış Ticaret A.Ş.Fund UserDRC RatingTR BBB+Türkiye Nationalupdate · PozitifExpiredDirect archive
2024-10-31WorqCompany Dış Ticaret A.Ş.Fund UserDRC RatingA-2 (Kısa Vade Ulusal İhraççı Notu)Türkiye NationalKAP issuance observationKAP observation; not currentKAP issuance
2023-10-06WorqCompany Dış Ticaret A.Ş.Fund UserDRC RatingUzun Vadeli Ulusal Kredi Notu-BBB+Türkiye NationalKAP issuance observationKAP observation; not currentKAP issuance
2023-10-06WorqCompany Dış Ticaret A.Ş.Fund UserDRC RatingTR BBB+Türkiye Nationalinitial · PozitifSupersededDirect archive

Yield History — Last 4 Months#

How this Fund User's sukuk have re-marked over the past 4 months. Use this with the credit-curve snapshot above to answer: is the entity getting cheaper or richer, and is the move concentrated on specific maturities or whole-curve?

Yield History — WORQCOMPANY DIŞ TİCARET ANONİM ŞİRKETİ's sukuk, last 4 months. Axes: Compound yield (%).

All Sukuk — Consolidated Across SPVs#

Data table with 7 rows across 9 columns
ISINSPV (issuer)TypeYield TypeCCYMaturityDTMIssue AmountLast Auction Yld
TRDNVKA92626Nurol Varlık Kiralama A.Ş.Özel Kira Sertifikası / Private Lease Cert.Değişken / Variable-TLREFK e Dayalı/Indexed to TLREFKTRY2026-09-1612₺200.00M0.00%
TRDNVKAE2639Nurol Varlık Kiralama A.Ş.Özel Kira Sertifikası / Private Lease Cert.Değişken / Variable-TLREFK e Dayalı/Indexed to TLREFKTRY2026-10-1642₺200.00M0.00%
TRDNVKAE2613Nurol Varlık Kiralama A.Ş.Özel Kira Sertifikası / Private Lease Cert.Değişken / Variable-TLREFK e Dayalı/Indexed to TLREFKTRY2026-10-2652₺250.00M0.00%
TRDNVKAK2631Nurol Varlık Kiralama A.Ş.Özel Kira Sertifikası / Private Lease Cert.Değişken / Variable-TLREFK e Dayalı/Indexed to TLREFKTRY2026-11-1168₺150.00M
TRDNVKAA2617Nurol Varlık Kiralama A.Ş.Özel Kira Sertifikası / Private Lease Cert.Değişken / Variable-TLREFK e Dayalı/Indexed to TLREFKTRY2026-12-0996₺200.00M0.00%
TRDNVKA12715Nurol Varlık Kiralama A.Ş.Özel Kira Sertifikası / Private Lease Cert.Sabit / FixedTRY2027-01-13131₺127.00M48.00%
TRDNVKA92717Nurol Varlık Kiralama A.Ş.Özel Kira Sertifikası / Private Lease Cert.Değişken / Variable-TLREFK e Dayalı/Indexed to TLREFKTRY2027-09-21382₺300.00M0.00%

SPVs Used for Issuance#

Every Varlık Kiralama vehicle this Fund User has issued through. The credit risk is the same (this entity), but the legal wrapper changes.

Data table with 2 rows across 4 columns
SPV (Varlık Kiralama)IssuancesNotional RaisedLatest Disclosure
NUROL VARLIK KİRALAMA A.Ş.10₺2.18B2026-07-14 10:40
EMLAK VARLIK KİRALAMA A.Ş.2₺100.00M2024-03-15 10:39

Latest Issuance Disclosures#

Latest 15 sukuk sale-completion filings naming this entity as Fund User, ranked newest first. Public output omits source handles.

Data table with 12 rows across 7 columns
RankDisclosedISINSPVCompound%Tenor (days)Maturity
12026-07-14 10:40TRDNVKA12715NUROL VARLIK KİRALAMA A.Ş.53.74%183.02027-01-13
22026-05-15 10:52TRDNVKAK2631NUROL VARLIK KİRALAMA A.Ş.180.02026-11-11
32026-04-17 10:17TRDNVKAE2639NUROL VARLIK KİRALAMA A.Ş.182.02026-10-16
42026-03-18 10:06TRDNVKA92626NUROL VARLIK KİRALAMA A.Ş.182.02026-09-16
52026-01-22 10:56TRDNVKA72628NUROL VARLIK KİRALAMA A.Ş.47.90%173.02026-07-14
62025-12-10 09:50TRDNVKAA2617NUROL VARLIK KİRALAMA A.Ş.364.02026-12-09
72025-10-27 11:08TRDNVKAE2613NUROL VARLIK KİRALAMA A.Ş.364.02026-10-26
82025-09-23 10:51TRDNVKA92717NUROL VARLIK KİRALAMA A.Ş.728.02027-09-21
92025-02-25 10:55TRDNVKA22615NUROL VARLIK KİRALAMA A.Ş.364.02026-02-24
102024-12-18 11:26TRDNVKAA2518NUROL VARLIK KİRALAMA A.Ş.364.02025-12-17
112024-03-15 10:39TRDEMVK32527EMLAK VARLIK KİRALAMA A.Ş.68.70%378.02025-03-28
122024-02-07 10:09TRDEMVK22536EMLAK VARLIK KİRALAMA A.Ş.62.97%371.02025-02-12