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The Coca-Cola Company Prices $2.5 Billion Of Senior Notes

Stocks in this article: KO

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.

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