debt
confidence high
sentiment neutral
materiality 0.70
Coca-Cola Consolidated prices $1.2B notes: 5.250% due 2029, 5.450% due 2034
Coca-Cola Consolidated, Inc.
- $700M of 5.250% Notes due 2029 and $500M of 5.450% Notes due 2034 issued.
- Net proceeds of ~$1.188B after underwriting discount and expenses.
- Underwriters: Wells Fargo, BofA, PNC, Truist; Truist Bank appointed successor trustee.
- Closing expected May 29, 2024.