BAKU, Azerbaijan, August 27. Fitch Ratings agency has confirmed the ‘AAA’ rating of Turkish Coca-Cola Icecek (CCI) company, Trend reports via the agency.
According to the agency, the outlook on the rating was Stable.
"Coca-Cola Icecek's rating is supported by the company's strong credit profile, leading positions in key markets, a stable structure of the soft drinks sector and a strong capital structure," the agency said.
The long-term default rating of the company in foreign and local currencies (IDR) is at the level of ‘BBB -’, which is the highest among companies rated by the agency in Türkiye, added Fitch.
