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COCA-COLA İÇECEK A.Ş. — Capital/Financing Update 2017
Sep 5, 2017
5900_rns_2017-09-05_c4b934e8-aa28-4277-ac5b-1de9703e23f7.html
Capital/Financing Update
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| Summary Info | Debt Instrument Issuance – Roadshow |
| Update Notification Flag | Yes |
| Correction Notification Flag | No |
| Postponed Notification Flag | No |
| Authorized Member Decision Date | 26.07.2017 |
| Issue Limit | 1.000.000.000 |
| Currency Unit | USD |
| Issue Limit Security Type | Dept Securities |
| Sale Type | Oversea |
| Domestic / Oversea | Oversea |
| Capital Market Board Application Date | 26.07.2017 |
| Capital Market Board Application Result | APPROVAL |
| Capital Market Board Approval Date | 11.08.2017 |
| Expiry Date of Issue Limit | 11.08.2018 |
Additional Explanations
Debt Instrument Issuance – Roadshow
As announced on 14 August 2017, approval has been granted for the application filed with the Capital Markets Board of Turkey (CMB) pursuant to Capital Markets Law no: 6362 and the Communiqué VII-128.7, for the issuance and sale of debt instruments abroad, within a period of 1 year from the date of approval, up to an amount of USD 1,000,000,000 or equivalent of the same in a foreign currency or TRY, with varying maturities and tranches, terms and conditions of which are to be determined in accordance with market conditions as at the date of issuance (Debt Instruments).
Starting from 6 September 2017, senior management of the Company will carry out a series of investor meetings arranged by its mandated banks, in Europe and the United States of America, regarding the issuance of the Debt Instruments, planned to be sold under Rule 144A and Regulation S, and to be listed on the Irish Stock Exchange. The Debt Instruments are planned to be issued subject to market conditions and are expected to be rated by Moody's and Fitch with ratings of Baa3 and BBB, respectively.
Any further developments will be disclosed.