The Coca-Cola Company Prices $2.0B of Senior Notes

The Coca-Cola Company (NYSE: KO) today announced that it priced $1.0 billion aggregate principal amount of 1.80% senior notes due 2016 and $1.0 billion aggregate principal amount of 3.30% senior notes due 2021, 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 transaction is expected to close on August 10, 2011.

The Company intends to use the net proceeds from this offering to fund the cash portion of its offer to exchange outstanding notes issued by Coca-Cola Refreshments USA, Inc. 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.