Coca-Cola Consolidated enters $1.3B term loan and $500M revolver agreements, replacing prior credit facility

Coca-Cola Consolidated, Inc.

New $800M three-year and $500M five-year senior unsecured term loan facilities, maturing June 2027 and 2029 respectively.
New $500M unsecured revolving credit facility maturing June 2029, replaces existing $500M facility from July 2021.
Proceeds may be used for general corporate purposes including share repurchases, dividends, working capital, and capex.
Financial covenants require cash flow/fixed charges ratio >=1.5x and funded indebtedness/cash flow <=6.0x.
Interest rates and fees are based on the company's long-term debt ratings.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.