The Coca-Cola Company

15/08/2024 | Press release | Distributed by Public on 16/08/2024 03:11

Material Event Form 8 K

Item 8.01. Other Events.

Euro-Denominated Notes Offering

On August 15, 2024, The Coca-Cola Company (the "Company") completed its previously announced public offering of €500,000,000 aggregate principal amount of its 3.375% Notes due 2037 and €500,000,000 aggregate principal amount of its 3.750% Notes due 2053 (collectively, the "Euro Notes").

The offering of the Euro Notes was made pursuant to the Company's shelf registration statement on Form S-3 (Registration No. 333-268053) filed with the Securities and Exchange Commission (the "SEC") on October 28, 2022.

The Euro Notes were issued under an Amended and Restated Indenture, dated as of April 26, 1988 (as supplemented, the "Indenture"), between the Company and Deutsche Bank Trust Company Americas, as successor to Bankers Trust Company, as trustee, as supplemented by the First Supplemental Indenture, dated as of February 24, 1992, and the Second Supplemental Indenture, dated as of November 1, 2007, between the Company and Deutsche Bank Trust Company Americas, as successor to Bankers Trust Company, as trustee.

The Company intends to use the net proceeds from the offering of the Euro Notes for general corporate purposes, which may include working capital, capital expenditures, acquisitions of or investments in businesses or assets and redemption and repayment of short-term or long-term borrowings, as well as for making any potential payments in connection with the Company's ongoing tax litigation with the United States Internal Revenue Service and the Company's final contingent consideration payment in 2025 in connection with its acquisition of fairlife, LLC.

The Indenture and the forms of global note for the offering are filed as exhibits to this Current Report on Form 8-K and are incorporated herein by reference.