[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
[]
Related Funds
[]
English
oda_CreditRatingAbstract|
Credit Rating
oda_UpdateAnnouncementFlag|
Update Notification Flag
Evet (Yes)
oda_CorrectionAnnouncementFlag|
Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
10.12.2021
oda_DelayedAnnouncementFlag|
Postponed Notification Flag
Hayır (No)
oda_AnnouncementContentSection|
Announcement Content
oda_ExplanationSection|
Explanations
oda_ExplanationTextBlock|


In line with the downward revision of Turkey's Long-Term Issuer Default Ratings to "B+" from "BB-" by Fitch Ratings on 11/02/2022, the International Credit Rating Agency has downgraded Şişecam's Long-Term Foreign-Currency Issuer Default Rating to "B+" from "BB-", has affirmed the outlook as "Negative" and has downgraded Şişecam's senior unsecured rating to ‘'B+''/RR4 from ‘'BB-‘' on 18/02/2022.