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Coca-Cola | 424B2: Prospectus

SEC announcement ·  May 9 05:02
Summary by Futu AI
Coca-Cola has announced the issuance of €1 billion in notes, divided equally between two tranches: €500 million 3.125% notes due 2032 and €500 million 3.500% notes due 2044. The interest will be paid annually beginning May 14, 2025, and the notes will mature on May 14 of their respective years. Coca-Cola has the option to redeem the notes at any time at the applicable redemption price. The notes, unsecured obligations of the company, will rank equally with Coca-Cola's other senior unsecured debt. The company intends to list the notes on the New York Stock Exchange and expects trading to commence within 30 days after issuance. The proceeds from the offering are intended for general corporate purposes, which may include working capital, capital expenditures, and potential payments related to ongoing tax litigation with the IRS. The offering was filed under Rule 424(b)(2) with the SEC, and the notes will be issued in minimum denominations of €100,000 and multiples of €1,000 thereafter.
Coca-Cola has announced the issuance of €1 billion in notes, divided equally between two tranches: €500 million 3.125% notes due 2032 and €500 million 3.500% notes due 2044. The interest will be paid annually beginning May 14, 2025, and the notes will mature on May 14 of their respective years. Coca-Cola has the option to redeem the notes at any time at the applicable redemption price. The notes, unsecured obligations of the company, will rank equally with Coca-Cola's other senior unsecured debt. The company intends to list the notes on the New York Stock Exchange and expects trading to commence within 30 days after issuance. The proceeds from the offering are intended for general corporate purposes, which may include working capital, capital expenditures, and potential payments related to ongoing tax litigation with the IRS. The offering was filed under Rule 424(b)(2) with the SEC, and the notes will be issued in minimum denominations of €100,000 and multiples of €1,000 thereafter.

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