debt
confidence high
sentiment neutral
materiality 0.55
Coca-Cola completes $3B triple-tranche note offering (5.000%-5.400% due 2034-2064)
COCA COLA CO
- Issued $1B of 5.000% Notes due 2034, $1.1B of 5.300% Notes due 2054, and $900M of 5.400% Notes due 2064.
- Total aggregate principal amount of the three tranches is $3.0 billion.
- Net proceeds for general corporate purposes, including potential payments in ongoing IRS tax litigation.
- Offering made under existing shelf registration statement (No. 333-268053).