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Credit Rating
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Update Notification Flag
Hayır (No)
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Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
07.07.2017
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Postponed Notification Flag
Hayır (No)
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Announcement Content
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Explanations
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Announcement on Fitch's Rating Decision

Fitch Ratings has downgraded Coca-Cola İçecek A.Ş.'s (CCI) Long-Term Foreign Currency IDR and Senior Unsecured Long-Term rating to ‘BBB-' from ‘BBB', changing the outlook on the rating to "negative" from "stable". The Long-Term Local-Currency IDR was affirmed at ‘BBB' with a stable outlook.

The rating action was prompted by Fitch's recent decision to downgrade Turkey's Long-Term Foreign Currency IDR to 'BB' from 'BB+' on July 13, 2018.

Further information related to credit ratings is available on our website, www.cci.com.tr