MEXICO CITY (S&P Global Ratings) April 30, 2025--S&P Global Ratings today said it assigned its 'A-' issue rating to Coca-Cola FEMSA S.A.B. de C.V.?s (KOF) proposed senior unsecured notes of up to $750 million. The notes will be issued at a 10-year bullet tenor and with a fixed-rate coupon. We expect the company will use net proceeds of the transaction for general corporate purposes, including funding of working capital, capital expenditures, and debt repayment, without pressuring its leverage. The notes will be senior unsecured, guaranteed by several of KOF's owned subsidiaries, and pari passu in right of order and payment with KOF's existing senior unsecured debt. The rating on the proposed notes is at the same level as our issuer
