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Evet (Yes)
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Hayır (No)
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18.07.2019
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Hayır (No)
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Fitch Ratings affirmed Coca-Cola İcecek's (CCI) Long-Term Foreign-Currency (FC) Issuer Default Rating (IDR) at 'BB', maintaining Negative Outlook following its annual review process.
CCI's Long-Term Local-Currency (LC) IDR was affirmed at ‘BBB-' reflecting Fitch's expectations that CCI's credit profile remains strong due to its leading positions in its core markets, resilient nature of the soft drinks business and strong financial profile. The Negative Outlook on the LC IDR continues to capture potential risks related to the weakened operating environment in some of CCI's overseas markets in addition to Turkey.
Further information related to credit ratings is available on our website, www.cci.com.tr.
We hereby declare that our above statements are in conformity with the principles included in the Capital Markets Board's Communiqué on Material Events, that they fully reflect the information we have acquired, that the information complies with our books, records and documents, that we have made our best effort to fully and accurately obtain all information regarding the matter and that we are responsible for this disclosure made hereby.
This is an English translation of the original official public disclosure made by Coca-Cola İçecek in Turkish through the Public Disclosure Platform (www.kap.gov.tr), for information purposes only. In the event of any discrepancy between this translation and the original Turkish disclosure, the original Turkish disclosure shall prevail. Coca-Cola İçecek makes no warranties or representations about the accuracy or completeness of the English translation and assumes no liability for any errors, ommissions or inaccuracies that may arise from use of this translation.
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We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.