The Coca-Cola Company today announced that it priced $500 million
aggregate principal amount of floating rate notes due 2015, $1.25
billion aggregate principal amount of 1.15% notes due 2018 and $750
million aggregate principal amount of 2.50% notes due 2023 in an
underwritten, registered public offering. The transaction is expected to
close on March 5, 2013, subject to customary closing conditions. The
Company intends to use the net proceeds from this offering to fund the
redemption of the outstanding 5.00% Notes due 2013, 7.375% Notes due
2014 and 4.25% Notes due 2015, each issued by its wholly owned
subsidiary Coca-Cola Refreshments USA, Inc., to pay related fees and
expenses, including redemption premiums, and for general corporate
purposes.
BNP Paribas Securities Corp., Citigroup Global Markets Inc., Credit
Suisse Securities (USA) LLC and Morgan Stanley & Co. LLC acted as joint
book-running managers for the offering.
The offering is being made pursuant to an effective shelf registration
statement, and only by means of a prospectus supplement and accompanying
prospectus, copies of which may be obtained by contacting BNP Paribas
Securities Corp. at (800) 854-5674, Citigroup Global Markets Inc. at
(800) 831-9146, Credit Suisse Securities (USA) LLC at (800) 221-1037 or
Morgan Stanley & Co. LLC at (866) 718-1649. Alternatively, you may get
these documents for free by visiting EDGAR on the SEC website at http://www.sec.gov/.
Before you invest, you should read the base prospectus in such shelf
registration statement, the prospectus supplement related to the
offering and other documents incorporated by reference in the prospectus
supplement for more complete information about the Company and this
offering.
This news release does not constitute a notice of redemption under the
optional redemption provisions of the indenture governing any series of
the notes of Coca-Cola Refreshments USA, Inc. referred to above, nor
does it constitute an offer to sell, or the solicitation of an offer to
buy, any security and shall not constitute an offer, solicitation or
sale in any jurisdiction in which such offering would be unlawful.
About The Coca-Cola Company
The
Coca-Cola Company (NYSE: KO) is the world's largest beverage
company, refreshing consumers with more than 500 sparkling and still
brands. Led by Coca-Cola, the world's most valuable brand, our Company's
portfolio features 16 billion-dollar brands including Diet Coke, Fanta,
Sprite, Coca-Cola Zero, vitaminwater, Powerade, Minute Maid, Simply,
Georgia and Del Valle. Globally, we are the No. 1 provider of sparkling
beverages, ready-to-drink coffees, and juices and juice drinks. Through
the world's largest beverage distribution system, consumers in more than
200 countries enjoy our beverages at a rate of more than 1.8 billion
servings a day. With an enduring commitment to building sustainable
communities, our Company is focused on initiatives that reduce our
environmental footprint, support active, healthy living, create a safe,
inclusive work environment for our associates, and enhance the economic
development of the communities where we operate. Together with our
bottling partners, we rank among the world's top 10 private employers
with more than 700,000 system associates.
Forward-Looking Statements
This news release includes forward-looking statements. Actual events and
results may differ materially from those projected. The statements in
this news release regarding the notes offering, the terms thereof and
other statements that are not historical facts are forward-looking
statements. Factors that could affect actual results include general
market conditions and other factors discussed in the Company’s Form 10-K
for the period ended December 31, 2012 and the Company’s other filings
with the SEC.
