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Coca-Cola grosses $999.3 million from debt offering

Coca Cola Co. raised gross proceeds of $999.3 million from an offering of 1.375% senior unsecured notes due May 30, 2019.

The company plans to use the proceeds for general corporate purposes or working capital, investment in securities, redemption or repayment of debt securities, and acquisitions or investments.

Barclays Capital Inc., Citigroup Global Markets Inc. and Deutsche Bank Securities Inc. were the lead underwriters.

Lebenthal & Co. LLC, Standard Chartered Bank New York, Williams Capital Group LP and U.S. Bancorp Investments Inc. also served as underwriters for the offering.