Coca-Cola Co. (The) $2B Senior Unsecured Notes Offering Assigned 'A+' Rating - S&P Global Ratings’ Credit Research

Coca-Cola Co. (The) $2B Senior Unsecured Notes Offering Assigned 'A+' Rating

Coca-Cola Co. (The) $2B Senior Unsecured Notes Offering Assigned 'A+' Rating - S&P Global Ratings’ Credit Research
Coca-Cola Co. (The) $2B Senior Unsecured Notes Offering Assigned 'A+' Rating
Published Aug 03, 2011
1255 words — Published Aug 03, 2011
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Abstract:

NEW YORK (Standard&Poor's) Aug. 3, 2011--Standard&Poor's Ratings Services said today that it assigned its 'A+' rating to Atlanta-based The Coca-Cola Co.'s (Coke) expected $2 billion senior unsecured notes offering, comprised of a $1 billion issue due 2016 and $1 billion due 2021, issued under Rule 144A with registration rights. The company intends to use the net proceeds from the offering to fund the cash portion of a proposed offer to exchange certain outstanding notes assumed in connection with Coke's October 2010 acquisition of a majority of its North American bottling operations, and to repay outstanding commercial paper. The 'A+' corporate credit rating and stable outlook on Coke continues to reflect our excellent business risk assessment stemming

  
Brief Excerpt:

RESEARCH Coca-Cola Co. (The) $2B Senior Unsecured Notes Offering Assigned 'A+' Rating Publication date: 03-Aug-2011 Primary Credit Analyst: Jean C Stout, New York (1) 212-438-7865; jean_stout@standardandpoors.com Secondary Contact:...

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Soft Drinks (30201030)
Sector
Global Issuers
Country
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MLA:
S&P Global Ratings’ Credit Research. "Coca-Cola Co. (The) $2B Senior Unsecured Notes Offering Assigned 'A+' Rating" Aug 03, 2011. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Coca-Cola-Co-The-2B-Senior-Unsecured-Notes-Offering-Assigned-A-Rating-882968>
  
APA:
S&P Global Ratings’ Credit Research. (). Coca-Cola Co. (The) $2B Senior Unsecured Notes Offering Assigned 'A+' Rating Aug 03, 2011. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Coca-Cola-Co-The-2B-Senior-Unsecured-Notes-Offering-Assigned-A-Rating-882968>
  
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