Coca-Cola FEMSA Places US$2.15 Billion of Senior Notes in the International Capital Markets
November 19 2013 - 7:49PM
Marketwired
Coca-Cola FEMSA Places US$2.15 Billion of Senior Notes in the
International Capital Markets
MEXICO CITY, MEXICO--(Marketwired - Nov 19, 2013) - Coca-Cola
FEMSA, S.A.B. de C.V. (BMV: KOFL) (NYSE: KOF) ("Coca-Cola FEMSA" or
the "Company"), the largest franchise bottler of Coca-Cola products
in the world, announces the placement of three tranches of U.S.
dollar-denominated bonds in the international capital markets (the
"Senior Notes").
The Company successfully sold US$ 1.0 billion of 5-year bonds at
a yield of US Treasury + 105 basis points, with a coupon of 2.375%;
US$ 750 million of 10-year bonds at a yield of US Treasury + 135
basis points, with a coupon of 3.875%; and US$ 400 million of
30-year bonds at a yield of US Treasury + 155 basis points, with a
coupon of 5.250%. The transaction was multiple times oversubscribed
with broad participation from investment grade dedicated
investors.
This issuance received credit ratings of A2 from Moody's, A-
from Standard & Poor's, and A from Fitch Ratings.
The proceeds will be used for general corporate purposes,
including partial debt refinancing. As a result of this issuance,
Coca-Cola FEMSA will increase the average life of its debt maturity
profile from 4.1 years to 7.9 years.
This press release does not constitute an offer to sell or the
solicitation of an offer to purchase with respect to the Senior
Notes or other securities, nor shall there be any sales of the
Senior Notes in any jurisdiction in which such offer, solicitation
or purchase would be unlawful prior to registration or
qualification under the securities laws of any jurisdiction. The
Senior Notes have been issued pursuant to the Company's
Registration Statement on Form F-3 (No. 333-187275) previously
filed by the Company with the Securities and Exchange Commission
(the "Commission"). The Registration Statement is effective. Copies
of the applicable prospectus supplement and accompanying prospectus
relating to the offering may be obtained when available by
contacting Citigroup Global Markets Inc. at 800-831-9146, Goldman,
Sachs & Co. at 866-471-2526, HSBC Securities (USA) Inc. at
866-811-8049, J.P. Morgan Securities LLC at 866-846-2874 or
Mitsubishi UFJ Securities (USA), Inc. at 877-649-6848; or by
visiting the Commission's website at http://www.sec.gov.
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, the state of Paraná, part of the state
of Goias, part of the state of Rio de Janeiro 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 67 bottling facilities and
serves 338 million consumers through more than 2,800,000 retailers
with more than 120,000 employees worldwide.
For Further Information: Investor Relations Jose Castro Email
Contact (5255) 1519-5120 / 5121 Roland Karig Email Contact (5255)
1519-5186 Miguel Murcio Email Contact (5255) 1519-5148
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