[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
22.01.2024
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Postponed Notification Flag
Hayır (No)
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Announcement Content
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Explanations
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On April 22, 2024, International Credit Rating Agency Moody's upgraded Türkiye Şişe ve Cam Fabrikaları A.Ş.'s (‘Sisecam') credit rating from "B3" to "B2" and maintained its outlook as "positive". Concurrently, Moody's assigned a "B2" instrument rating with a "positive" outlook for the planned Eurobond issuance of Sisecam UK Plc, a 100% subsidiary of our Company. In its statement, Moody's highlighted that the proposed planned bond issuance and short-term debt refinancing will strengthen Şişecam's liquidity profile.

In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.