---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-214151"
form_type: "8-K"
ticker: "COKE"
cik: "0000317540"
company_name: "Coca-Cola Consolidated, Inc."
filed_at: "2021-07-13T23:59:59+00:00"
generated_at: "2026-06-30T05:51:13.946359+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Coca-Cola Consolidated enters new $500M revolver and $70M term loan, refinances existing debt

## Summary
- New $500M unsecured revolving credit facility matures July 9, 2026; replaces $500M 2018 facility.
- New $70M unsecured term loan facility matures July 9, 2024; fully drawn on July 9, 2021.
- $55M of term loan proceeds used to refinance 2018 revolver borrowings; $15M for general corporate purposes.
- Covenants: consolidated cash flow/fixed charges ratio >= 1.5:1; funded debt/cash flow ratio <= 6.0:1.
- Rates tied to debt ratings; current LIBOR spread 0.875%, facility fee 0.125%.

## SEC filing metadata
- accession: 0001193125-21-214151
- form_type: 8-K
- ticker: COKE
- cik: 0000317540
- company_name: Coca-Cola Consolidated, Inc.
- filed_at: 2021-07-13T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/317540/000119312521214151/0001193125-21-214151-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/317540/000119312521214151/d142070d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-214151
- JSON: https://secwatch.observer/filing/0001193125-21-214151.json
- Plain text: https://secwatch.observer/filing/0001193125-21-214151.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.