debt
confidence high
sentiment neutral
materiality 0.40
Coca-Cola completes $3B notes offering across three tranches with maturities 2034, 2055, 2064
COCA COLA CO
- Issued $750M 4.650% Notes due 2034, $1.5B 5.200% Notes due 2055, and $750M 5.400% Notes due 2064.
- The 2064 notes re-open existing series; total outstanding for that tranche reaches $1.65B.
- Net proceeds for general corporate purposes, including IRS tax litigation and fairlife contingent payment.
- Offering made under shelf registration (No. 333-268053) filed October 28, 2022.