Business News
COCA-COLA HELLENIC BOTTLING COMPANY S.A. ANNOUNCES THE SUCCESSFUL LAUNCH OF A 300 MILLION BOND
Wednesday 11. November 2009 - Coca-Cola Hellenic Bottling Company S.A. announces the successful launch of a 300 million bond
Coca-Cola Hellenic Bottling Company S.A. (Coca-Cola Hellenic) announced today the successful launch of a Euro bond issue of 300 million.
The proceeds of this transaction will be partly used to fund the previously announced Capital Return payment and will allow Coca-Cola Hellenic to extend its maturity profile. The 7-year 300 million bond offering, which offers a 4.25% coupon, attracted almost 3 billion in orders and has been placed with a diversified investor base.
The bond is issued by Coca-Cola HBC Finance B.V. and guaranteed by Coca-Cola Hellenic and will be listed on the London Stock Exchange.
The transaction will settle on 16 November 2009 and the bonds will mature on 16 November 2016.
Coca-Cola Hellenic is rated A (stable) by Standard & Poors and A3 (stable) by Moodys Investor Services. Credit Suisse, Citi and Bank of America Merrill Lynch acted as joint lead managers while Alpha Bank and the National Bank of Greece acted as co-lead managers of the issue.