Deutsche Bank today announced its appointment as depositary bank for the non-capital raising sponsored Level I American Depositary Receipt (ADR) program 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. Its 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 countries including Turkey, Pakistan, Kazakhstan, Azerbaijan, Kyrgyzstan, Turkmenistan, Jordan, and Iraq. It has a total of 23 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 Borsa Istanbul under the CCOLA.IS ticker.*
Edwin Reyes, Global Head of Depositary Receipts at Deutsche Bank, said, “We are delighted to be appointed as the depositary bank for Coca-Cola İçecek’s ADR program. We look forward to providing Coca-Cola İçecek with the highest level of service."
*Source: Coca-Cola İçecek (July 2013)
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Deutsche Bank’s Trust & Securities Services business, part of Global Transaction Banking, is one of the leading providers of trustee, agent, depositary, registrar, SPV management and related services for a wide range of financial structures and transactions. It is a leading depositary for American and Global Depositary Receipts, providing value-added services to companies raising capital in international markets or listing on the New York, NASDAQ, London, Luxembourg, Singapore or NASDAQ Dubai stock exchanges by means of depositary receipts. It also offers both mutual and alternative fund administration and provides securities custody, clearing and agency lending services from a global network spanning more than 30 markets. Additional details are available on
This announcement appears as a matter of record only. This announcement has been approved and/or communicated by Deutsche Bank AG New York.