ATLANTA, Feb. 28, 2013 − 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
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.
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.