The Coca-Cola Company Redeems All of the Outstanding $1,354,734,000 Aggregate Principal Amount of 2.875% Notes Due 2025
June 04, 2021 at 04:06 pm EDT
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The Coca-Cola Company redeemed all of the outstanding $1,354,734,000 aggregate principal amount of the Company’s 2.875% Notes due 2025 under the Amended and Restated Indenture, dated as of April 26, 1988, as amended by the First Supplemental Indenture, dated as of February 24, 1992, and the Second Supplemental Indenture, dated as of November 1, 2007, between the Company and Deutsche Bank Trust Company Americas, as trustee. The 2.875% Notes were redeemed at a redemption price of 100% of the principal amount of the 2.875% Notes, plus accrued and unpaid interest to, but excluding, the Redemption Date plus the “make-whole” premium.
The Coca-Cola Company is the world's leader in the production and marketing of non-alcoholic beverages. Net sales break down by activity as follows:
- sale of beverage concentrates and syrups (56%);
- bottling and sale of beverages (44%): sodas, fruit juices, tea-based beverages, water, etc. marketed under the following brands: Coca-Cola, Diet Coke, Fanta, Fresca, Schweppes Sprite, Thums Up, Aquarius, Ciel, Dasani, AdeS, Del Valle, fairlife, innocent, Minute Maid, etc.
At the end of 2022, the group had over 133 production sites worldwide.
64.2% of net sales are abroad.