Coca Cola Co. raised gross proceeds of $998.8 million from an offering of 2.25% senior unsecured notes due Sept. 1, 2026.
The company plans to use the proceeds for general corporate purposes or working capital, investment in securities, redemption or repayment of debt securities, acquisitions or investments, and repurchase of securities.
BNP Paribas Securities Corp., Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC and Wells Fargo Securities LLC were the lead underwriters.
CastleOak Securities LP, Drexel Hamilton LLC, Mischler Financial Group Inc., Samuel A. Ramirez & Co. Inc. and Siebert Cisneros Shank & Co. L.L.C. also served as underwriters for the offering.