Coca-Cola FEMSA Announces 10 Year Bond Issuance in Mexican Market
May 22 2013 - 4:30PM
Marketwired
Coca-Cola FEMSA, S.A.B. de C.V. (BMV: KOFL) (NYSE: KOF) ("Coca-Cola
FEMSA" or the "Company"), the largest Coca-Cola franchise bottler
in the world, announced the placement of peso denominated bonds
("Certificados Bursátiles") in the Mexican market.
KOF issued Ps. 7,500 million in a 10 year bond at a yield of
5.46%. The coupon for the 10-year bond represents the lowest ever
achieved by a corporate issuer in the Mexican Peso bond market.
This issuance received credit ratings of Aaa.mx from Moody's and
AAAmex from Fitch.
The use of the proceeds will be used by the Company for general
corporate purposes, including capital expenditure and working
capital.
Coca-Cola FEMSA, S.A.B. de C.V. produces and distributes
Coca-Cola, Fanta, Sprite, Del Valle, and other trademark beverages
of The Coca-Cola Company in Mexico (a substantial part of central
Mexico, including Mexico City, as well as southeast and northeast
Mexico), Guatemala (Guatemala City and surrounding areas),
Nicaragua (nationwide), Costa Rica (nationwide), Panama
(nationwide), Colombia (most of the country), Venezuela
(nationwide), Brazil (greater São Paulo, Campiñas, Santos, the
state of Mato Grosso do Sul, part of the state of Goias, and part
of the state of Minas Gerais), Argentina (federal capital of Buenos
Aires and surrounding areas) and Philippines (nationwide), along
with bottled water, juices, teas, isotonics, beer, and other
beverages in some of these territories. The Company has 60 bottling
facilities and serves close to 315 million consumers through more
than 2,500,000 retailers with more than 100,000 employees
worldwide.
Investor Relations Jose Castro Email Contact (5255) 1519-5120 /
5121 Roland Karig Email Contact (5255) 1519-5186 Carlos Uribe Email
Contact (5255) 1519-5148 Website: www.coca-colafemsa.com
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