Free Writing Prospectus - Filing Under Securities Act Rules 163/433 (fwp)

Date : 09/05/2019 @ 10:04AM
Source : Edgar (US Regulatory)
Stock : Coca Cola Company (KO)
Quote : 52.67  0.04 (0.08%) @ 12:59AM
After Hours
Last Trade
Last $ 52.60 ▼ -0.07 (-0.13%)

Free Writing Prospectus - Filing Under Securities Act Rules 163/433 (fwp)

 

Registration Statement No. 333-214273
Filed Pursuant to Rule 433
Supplementing the Preliminary
Prospectus Supplement
Dated September 4, 2019
(To Prospectus dated May 22, 2017)

 

 

Pricing Term Sheet

 

Fixed-Rate Notes due 2024 and 2029

 

The information in this pricing term sheet relates only to the offering of Notes (the “Notes Offering”) and should be read together with (i) the preliminary prospectus supplement dated September 4, 2019 relating to the Notes Offering, filed pursuant to Rule 424(b) under the Securities Act of 1933, as amended, including the documents incorporated by reference therein, and (ii) the related base prospectus dated May 22, 2017, which forms part of Registration Statement No. 333-214273.

 

Issuer:

The Coca-Cola Company

 

 

Security:

1.750% Notes due 2024

2.125% Notes due 2029

 

 

Offering Format:

SEC Registered

 

 

Principal Amount:

$1,000,000,000 of 2024 Notes

$1,000,000,000 of 2029 Notes

 

 

Maturity Date:

September 6, 2024 for 2024 Notes

September 6, 2029 for 2029 Notes

 

 

Coupon:

1.750% per year for 2024 Notes

2.125% per year for 2029 Notes

 

 

Price to Public:

99.819% of principal amount for 2024 Notes

99.964% of principal amount for 2029 Notes

 

 

Yield to Maturity:

1.788% for 2024 Notes

2.129% for 2029 Notes 

 

 

Spread to Benchmark Treasury:

+47 bps for 2024 Notes
+67 bps for 2029 Notes

 

 

Benchmark Treasury:

UST 1.250% due August 31, 2024 for 2024 Notes

UST 1.625% due August 15, 2029 for 2029 Notes

 

 

Benchmark Treasury Yield:

1.318% for 2024 Notes

1.459% for 2029 Notes

 


 

Benchmark Treasury Price:

99–21+ for 2024 Notes

101–17 for 2029 Notes

 

 

Interest Payment Dates:

Semiannually on March 6 and September 6, commencing on March 6, 2020 for the 2024 Notes

Semiannually on March 6 and September 6, commencing on March 6, 2020 for the 2029 Notes

 

 

Make-Whole Call:

+10 bps for 2024 Notes

+15 bps for 2029 Notes

 

 

Day Count Convention:

30 / 360

 

 

Trade Date:

September 4, 2019

 

 

Settlement Date:

September 6, 2019 (T+2)

 

 

CUSIP / ISIN:

191216 CL2 / US191216CL26 for 2024 Notes

191216 CM0 / US191216CM09 for 2029 Notes

 

 

Denominations:

$2,000 x $1,000

 

 

Expected Ratings*:

A1 by Moody’s Investors Service, Inc.

A+ by Standard & Poor’s Ratings Services

A by Fitch Ratings

 

 

Underwriters:

Bookrunners:

 

Citigroup Global Markets Inc.
Credit Suisse Securities (USA) LLC

J.P. Morgan Securities LLC

BNP Paribas Securities Corp.

Wells Fargo Securities, LLC

 

 

 

Co-Managers:

 

 

 

Academy Securities, Inc.

 

ANZ Securities, Inc.

 

CastleOak Securities, L.P.

 

R. Seelaus & Co., LLC

 

Samuel A. Ramirez & Company, Inc.

 


*Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

 

The issuer has filed a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission (SEC) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering.

 


 

You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Citigroup Global Markets Inc. toll-free at 1-800-831-9146, Credit Suisse Securities (USA) LLC toll free at 1-800-221-1037, J.P. Morgan Securities LLC collect at 1-212-834-4533, BNP Paribas Securities Corp. toll free at 1-800-854-5674, or Wells Fargo Securities, LLC toll-free at 1-800-645-3751.

 

Any legends, disclaimers or other notices that may appear below are not applicable to this communication and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of this communication having been sent via Bloomberg or another system.

 


Coca Cola (NYSE:KO)
Historical Stock Chart

1 Year : From Nov 2018 to Nov 2019

Click Here for more Coca Cola Charts.

Coca Cola (NYSE:KO)
Intraday Stock Chart

Today : Sunday 17 November 2019

Click Here for more Coca Cola Charts.

Latest KO Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.