Deutsche Bank today announced its appointment as successor depositary bank for the Regulation S Global Depositary Receipt (GDR) and the Rule 144A American Depositary Receipt (ADR) programs of Turkey-based Coca-Cola İçecek A.Ş. (Coca-Cola İçecek).
Coca-Cola İçecek is the sixth largest bottler in the Coca-Cola system in terms of sales volume. CCI’s core business is to produce, sell and distribute beverages of The Coca-Cola Company. Coca-Cola İçecek employs more than 10,000 people and has operations in Turkey, Pakistan, Kazakhstan, Azerbaijan, Kyrgyzstan, Turkmenistan, Jordan, Iraq, Tajikistan and Syria . Coca-Cola İçecek has a total of 22 plants and offers a wide range of beverages to a consumer base of more than 360 million people. Coca-Cola İçecek’s shares are traded on the Istanbul Stock Exchange under the CCOLA.IS ticker.*
Edwin Reyes, Global Head of Depositary Receipts at Deutsche Bank said, “We are delighted to be appointed as the successor depositary bank for Coca-Cola İçecek’s depositary receipt programs. We look forward to working with Coca-Cola İçecek to ensure that the holders of ADRs and GDRs receive the highest level of service.”
*Source: Coca-Cola İçecek (April 2013)