Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
December 08 2021 - 4:32PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER
PURSUANT
TO RULE 13a-16 OR 15d-16 UNDER
THE
SECURITIES EXCHANGE ACT OF 1934
For
the month of December 2021
Commission File Number 1-12260
COCA-COLA FEMSA, S.A.B.
de C.V.
(Translation
of registrant’s name into English)
United Mexican States
(Jurisdiction
of incorporation or organization)
Calle Mario Pani No. 100,
Santa Fe Cuajimalpa,
Cuajimalpa de Morelos,
05348, Ciudad de México,
México
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form
20-F X Form 40-F
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1)
Yes No
X
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7)
Yes No
X
Indicate
by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes No
X
If
"Yes" is marked, indicate below the file number assigned to the registrant in connection with
Rule
12g3-2(b): 82-__.
Fitch Ratings upgrades Coca-Cola
FEMSA’s long-term foreign and local currency issuer default ratings, from 'A-' to 'A'
Mexico City, Mexico - December 8, 2021 - Coca-Cola
FEMSA, S.A.B. de C.V. (BMV: KOF UBL; NYSE: KOF) (“Coca-Cola FEMSA” or the “Company”), announces that Fitch
Ratings has upgraded Coca-Cola FEMSA's long-term foreign and local currency issuer default ratings (IDRs) from 'A-' to 'A' and removed
the Under Criteria Observation (UCO) status. Fitch Ratings has also affirmed Coca-Cola FEMSA’s long-term national rating at 'AAA(mex)'
and national scale short-term rating at 'F1+(mex)'. The rating outlook is stable.
Under Fitch Rating’s methodology, the rating
upgrade for Coca-Cola FEMSA’s IDRs follows Fitch's new Parent and Subsidiary Linkage (PSL) criteria published on December 1, 2021.
Under the new criteria, the Company benefits from the parent linkage with Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”)
and Coca-Cola FEMSA’s ratings matched those of its parent company, FEMSA.
According to Fitch Ratings, the Company’s ratings
reflect its strong business position as the largest franchise bottler in the world of Coca-Cola products by sales volume with operations
across Latin America with a broad portfolio of beverages categories and well-developed distribution network.
About Coca-Cola FEMSA
Mexican Stock Exchange, Ticker: KOFUBL
NYSE (ADS), Ticker: KOF | Ratio of KOFUBL to KOF = 10:1
Coca-Cola FEMSA, S.A.B. de C.V. is the largest Coca-Cola
franchise bottler in the world by sales volume. The Company produces and distributes trademark beverages of The Coca-Cola Company, offering
a wide portfolio of 129 brands to a population of more than 265 million. With over 80 thousand employees, the Company markets and sells
approximately 3.3 billion unit cases through close to 2 million points of sale a year. Operating 49 manufacturing plants and 268 distribution
centers, Coca-Cola FEMSA is committed to generating economic, social, and environmental value for all of its stakeholders across the value
chain. The Company is a member of the Dow Jones Sustainability Emerging Markets Index, Dow Jones Sustainability MILA Pacific Alliance
Index, FTSE4Good Emerging Index, and the S&P/BMV Total Mexico ESG Index, among others. Its operations encompass franchise territories
in Mexico, Brazil, Guatemala, Colombia, and Argentina, and, nationwide, in Costa Rica, Nicaragua, Panama, Uruguay, and in Venezuela through
its investment in KOF Venezuela. For further information, please visit www.coca-colafemsa.com
For further information, please contact to Investor
Relations team:
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Jorge Collazo | jorge.collazo@kof.com.mx
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Lorena Martin | lorena.martinl@kof.com.mx
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Marene Aranzabal | marene.aranzabal@kof.com.mx
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SIGNATURES
Pursuant to
the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
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COCA-COLA FEMSA, S.A.B. DE C.V.
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By: /s/ Constantino Spas Montesinos
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Constantino Spas Montesinos
Chief Financial Officer
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Date: December 8, 2021
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