Turkiye Sise ve Cam Fabrikalari : 18.07.2019 Credit Rating Note

KAMUYU AYDINLATMA PLATFORMU

TÜRKİYE ŞİŞE VE CAM FABRİKALARI A.Ş.

Credit Rating

Summary Info

Credit Rating Note

Credit Rating

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	Credit Rating
	Update Notification Flag	Evet (Yes)
	Correction Notification Flag	Hayır (No)
	Date Of The Previous Notification About The Same Subject	04.03.2019,14.06.2019
	Postponed Notification Flag	Hayır (No)
	Announcement Content
	Explanations

Following the downgrade of Turkey's sovereign rating from BB to BB- with "negative" outlook on 12 July 2019, international credit rating agency Fitch Ratings has downgraded credit rating of Türkiye Şişe ve Cam Fabrikaları A.Ş. to BB- from BB+ while maintaining the outlook as "negative" today.

This statement was translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.

We proclaim that our above disclosure is in conformity with the principles set down in "Material Events Communiqué" of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we're personally liable for the disclosures.