The Coca-Cola Co.'s Proposed Unsecured Euro Notes Assigned 'AA' Rating - S&P Global Ratings’ Credit Research

The Coca-Cola Co.'s Proposed Unsecured Euro Notes Assigned 'AA' Rating

The Coca-Cola Co.'s Proposed Unsecured Euro Notes Assigned 'AA' Rating - S&P Global Ratings’ Credit Research
The Coca-Cola Co.'s Proposed Unsecured Euro Notes Assigned 'AA' Rating
Published Sep 15, 2014
Published Sep 15, 2014
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Abstract:

NEW YORK (Standard&Poor's) Sept. 15, 2014--Standard&Poor's Ratings Services today assigned its 'AA' senior unsecured debt rating to Atlanta, Ga.-based The Coca-Cola Co.'s (Coke's) proposed senior unsecured euro notes, consisting of a €800 million tranche maturing 2022 and a €1.2 billion tranche maturing 2026. The company is drawing these notes under its shelf registration. The company intends to use the net proceeds from this offering for general corporate purposes, including working capital, capital expenditures, acquisitions or investments, redemption and repayment of short-term or long-term borrowings, and share repurchases. The corporate credit rating on Coke continues to reflect our assessment of the company's business risk profile as "excellent" and financial risk profile as "modest." Key credit factors in

  
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Ratings Action

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Soft Drinks (30201030)
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Global Issuers
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MLA:
S&P Global Ratings’ Credit Research. "The Coca-Cola Co.'s Proposed Unsecured Euro Notes Assigned 'AA' Rating" Sep 15, 2014. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/The-Coca-Cola-Co-s-Proposed-Unsecured-Euro-Notes-Assigned-AA-Rating-1359131>
  
APA:
S&P Global Ratings’ Credit Research. (). The Coca-Cola Co.'s Proposed Unsecured Euro Notes Assigned 'AA' Rating Sep 15, 2014. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/The-Coca-Cola-Co-s-Proposed-Unsecured-Euro-Notes-Assigned-AA-Rating-1359131>
  
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