debt
confidence high
sentiment neutral
materiality 0.50
Coca-Cola issues €1B in Euro notes: €500M at 3.125% (2032) and €500M at 3.500% (2044)
COCA COLA CO
- Completed offering of €500M 3.125% notes due 2032 and €500M 3.500% notes due 2044 on May 14, 2024.
- Net proceeds for general corporate purposes including working capital, capex, M&A, debt repayment, and potential IRS tax litigation payments.
- Notes issued under existing indenture with Deutsche Bank Trust Company Americas as trustee.
- Offering made pursuant to shelf registration statement on Form S-3 filed October 28, 2022.