[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
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Credit Rating
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Hayır (No)
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Hayır (No)
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Explanations
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Standard & Poor's ("S&P") has placed 'BBB-' long-term issuer credit and issue rating of Anadolu Efes and outstanding senior unsecured notes on CreditWatch while acknowledging Company's good liquidity with no near-term refinancing risks and ability to manage its financial and operational exposures to multiple currencies across its geographically diverse operations.