ÜLKER Bisküvi Sanayi A.Ş.

Announcements
Moody's raises Ülker's B1 Corporate Family Rating to Ba3 Moody's believes that, with YTL120.6 million of cash on balance sheet and several uncommitted bilateral facilities in place with local and international banks, Ülker Biskuvi's liquidity should be adequate to cover the company's ongoing maintenance capex (around YTL16 million per year), debt obligations in the medium term and expansion capex commitments, which relate predominantly to an investment of around YTL 60million in Ideal Kek. (18.10.2007)

Announcements

Moody's raises Ülker's B1 Corporate Family Rating to Ba3

Moody's believes that, with YTL120.6 million of cash on balance sheet and several uncommitted bilateral facilities in place with local and international banks, Ülker Biskuvi's liquidity should be adequate to cover the company's ongoing maintenance capex (around YTL16 million per year), debt obligations in the medium term and expansion capex commitments, which relate predominantly to an investment of around YTL 60million in Ideal Kek. (18.10.2007)

Ülker Bisküvi Sanayi A.Ş.

Ülker Bisküvi started as a small bakery with just three workers, producing 200 kg of cookies per day.

Products

The food conglomorate which produces more than 800 products in 30 different categories is at the leading position in most of its field of activities.

Ülker at ISE

Ülker Bisküvi shares are traded on the Istanbul Stock Exchange (ISE) National Market under the ticker symbol ÜLKER.IS.

Bisküvi Sanayi A.Ş.

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