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MarketScreener Homepage  >  Equities  >  ISTANBUL STOCK EXCHANGE  >  Coca Cola Icecek AS    CCOLA   TRECOLA00011

COCA COLA ICECEK AS

(CCOLA)
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Coca Cola Icecek : Debt Instrument Issuance

07/26/2017 | 11:41am EST
NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA FOR GENERAL RELEASE TO THE PUBLIC July 26, 2017 Debt Instrument Issuance

Our Company has been evaluating various long-term debt instruments to refinance its existing bonds maturing in 2018, as well as to finance new borrowing needs.

In this context, Coca-Cola İçecek A.Ş. Board of Directors has authorized management, by resolution dated July 26, 2017, to take the necessary actions including the application to the Capital Markets Board of Turkey ("CMB") to issue bonds abroad within a period of 1 year from the date of approval of Capital Markets Board, up to an amount of USD 1,000,000,000 or equivalent of the same, in foreign currency or Turkish Lira, with varying maturities and tranches, with terms and conditions to be determined in accordance with market conditions as at the date of issuance.

Accordingly, a mandate letter has been signed with Citibank International plc., HSBC Bank plc., J.P. Morgan Securities plc., MUFG Securities EMEA plc. and BNP Paribas for the purpose of issuance of such bonds.

In addition, today, an application has been filed with the Capital Markets Board pursuant to Capital Markets Law numbered 6362 and the Communique with Series: VII, Number: 128.8, for the approval of the issuance and the sales of these bonds.

These materials are not an offer of securities for sale in the United States. The securities to which these materials relate have not been registered under the US Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or an exemption from registration or in a transaction not subject to the registration requirements under the Securities Act. There will be no public offering of the securities in the United States.

This document is being distributed to and is only directed at (i) persons who are outside the United Kingdom,

(ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"), (iii) high net worth companies, and (iv) other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons in (i) to (iv) above together being referred to as "relevant persons"). Any invitation, offer or agreement to subscribe, purchase or otherwise acquire securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

The securities shall not be sold in Turkey in any circumstances which would constitute a sale or a public offering within the meaning of the Capital Markets Law without the approval of the Capital Markets Board of Turkey (the CMB). No transaction that may be deemed as a sale of the securities in Turkey by way of private placement or a public offering may be engaged in without the approval of the CMB. Additionally, no prospectus and other offering material related to the offering may be utilised in connection with any general offering to the public within Turkey for the purpose of the offer or sale of the securities without the prior approval of the CMB.

Coca-Cola Icecek Investor Relations I Tel: +90 216 528 3392 I Fax: +90 216 510 7008 I CCI-IR@cci.com.tr I www.cci.com.tr

Page 1 of 2

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.

Company Profile

CCI is the fifth-largest bottler in the Coca-Cola System in terms of sales volume. CCI produces, distributes and sells sparkling and still beverages of The Coca-Cola Company (TCCC) across Turkey, Pakistan, Kazakhstan, Azerbaijan, Kyrgyzstan, Turkmenistan, Jordan, Iraq, Syria and Tajikistan.

CCI employs close to 10,000 people and has a total of 25 plants, offering a wide range of beverages to a consumer base of 380 million people. In addition to sparkling beverages, the product portfolio includes juices, waters, sports and energy drinks, teas and iced teas.

CCI's shares are traded on Borsa Istanbul (BIST) under "CCOLA.IS", American depositary receipts (ADR) are traded over the counter in the United States under "COLAY", Eurobond is traded on Irish Stock Exchange under "CCOLAT" tickers.

Contacts

Michael Coombs Chief Financial Officer

Tel: +90 216 528 4410

michael.coombs@cci.com.tr

Deniz Can Yücel Investor Relations Manager Tel: +90 216 528 3386

deniz.yucel@cci.com.tr

Coca-Cola Içecek AS published this content on 26 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 26 July 2017 15:40:45 UTC.


© Publicnow 2017
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Financials
Sales 2020 14 220 M 1 926 M 1 926 M
Net income 2020 1 511 M 205 M 205 M
Net Debt 2020 1 387 M 188 M 188 M
P/E ratio 2020 13,7x
Yield 2020 3,48%
Capitalization 20 502 M 2 765 M 2 777 M
EV / Sales 2020 1,54x
EV / Sales 2021 1,28x
Nbr of Employees 8 040
Free-Float 25,6%
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 15
Average target price 77,77 TRY
Last Close Price 80,60 TRY
Spread / Highest target 20,3%
Spread / Average Target -3,51%
Spread / Lowest Target -32,6%
EPS Revisions
Managers and Directors
NameTitle
Burak Basarir Chief Executive Officer
Tuncay Özilhan Chairman
Andriy Avramenko Chief Financial Officer
Leyla Deliç Chief Information Officer
Mehmet Cem Kozlu Director
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