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Coca-Cola Raises $1.02B In Debt Issue

Coca-Cola Co. has raised $1.02 billion in a sale of notes.

Coca-Cola Co. has raised $1.02 billion in a sale of notes, The Wall Street Journal reports. The company will use the proceeds to finance an exchange offer of up to $2 billion of notes issued by its unit Coca-Cola Refreshments USA.

Half of notes will mature in 2016 and the other $1 billion will mature in 2021. The maturity dates of the exchange offer change from as early as 2012 to as late as 2036.

Click here for the story from The Wall Street Journal.

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