The Coca-Cola Company Announces $2.0B of Senior Notes Offering

The Coca-Cola Company (NYSE: KO) today announced that it intends to sell $1.0 billion aggregate principal amount of senior notes due 2016 and $1.0 billion aggregate principal amount of senior notes due 2021, subject to market and other conditions, in a private placement with institutions under Rule 144A and to non-U.S. persons under Regulation S under the Securities Act of 1933.

The Company intends to use the net proceeds from this offering to fund the cash portion of a proposed offer by it to exchange outstanding notes issued by Coca-Cola Refreshments USA, Inc., a wholly owned subsidiary of the Company, for notes issued by the Company and to repay outstanding commercial paper of the Company. The foregoing does not constitute an offer to exchange any outstanding notes.