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Coca-Cola To Raise $2B In Debt Issue

Coca-Cola has issued notes worth $2 billion.

Coca-Cola has issued notes worth $2 billion. The company aims to sell $1 billion of notes, maturing in 2016, and another $1 billion, due 2021.

The sale proceeds will be used to finance an exchange offer of up to $2 billion of notes issued by a subsidiary Coca-Cola Refreshments USA. BNP Paribas, Citigroup and Goldman Sachs were appointed to lead the transaction, adds The Wall Street Journal.

Click here for the release from Business Wire.

Click here for additional coverage from The Wall Street Journal.

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