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 Feb 26, 2015
Published Feb 26, 2015
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Abstract:

NEW YORK (Standard&Poor's) Feb. 26, 2015--Standard&Poor's Ratings Services today assigned its 'AA' issue-level rating to Atlanta, Ga.-based The Coca-Cola Co.'s (Coke's) proposed senior unsecured euro notes, consisting of a €2 billion floating-rate tranche maturing in 2017, a €2 billion floating-rate tranche maturing in 2019, a €1.5 billion tranche maturing in 2023, a €1.5 billion tranche maturing in 2027, and a €1.5 billion tranche maturing in 2035. The company is drawing these notes under its shelf registration. The company intends to use the net proceeds from this offering for working capital, capital expenditures, acquisitions or investments, redemption and repayment of short- or long-term borrowings, and share repurchases. Given Coke's ongoing investment expenditures and, to a lesser degree,

  
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Ratings Action

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GICS
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" Feb 26, 2015. 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-1386181>
  
APA:
S&P Global Ratings’ Credit Research. (). The Coca-Cola Co.'s Proposed Unsecured Euro Notes Assigned 'AA' Rating Feb 26, 2015. 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-1386181>
  
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