[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
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Credit Rating
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Update Notification Flag
Evet (Yes)
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Correction Notification Flag
Hayır (No)
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Date Of The Previous Notification About The Same Subject
25.11.2021
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Postponed Notification Flag
Hayır (No)
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Announcement Content
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Explanations
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Following the downgrade of Turkey's credit rating from "B2" to "B3" and the change of outlook from "negative" to "stable" on August 12 2022,  International Credit Rating agency Moody's Ratings has downgraded the credit rating of Türkiye Şişe ve Cam Fabrikaları A.Ş. from "B2" to "B3" and changed the outlook to "stable".