Coca-Cola Co (KO) 2021-5

USD2,000.00010Jan-32Sr. UnsecuredA1A+-FixedTsyT+85 aT+65652.25%299.91700
USD750.00020May-41Sr. UnsecuredA1A+-FixedTsyT+90 aT+70702.88%299.97000
USD700.00030Mar-51Sr. UnsecuredA1A+-FixedTsyT+100 aT+80803.00%198.13700
Tranche Comments
10 yr: Book size: 4400; First Pay: 2021-07-05; Registration: Registered; Comments: US$2bn 2.25% cpn 10-year(1/5/32) at 99.917, yld 2.259%. Spread: T+65bp. MWC T+10bp; 20 yr: Book size: 2100; First Pay: 2021-11-05; Registration: Registered; Comments: US$750m 2.875% cpn 20-year(5/5/41) at 99.970, yld 2.877%. Spread: T+70bp. MWC T+15bp; 30 yr: Book size: 2500; First Pay: 2021-09-05; Registration: Registered; Comments: US$700m tap of the 3.00% 3/5/51 at 98.137, yld 3.096%. Spread: T+80bp. MWC T+15bp;
Deal Comments
USD$700m tap of 3.00% due 3/5/51. Active Bookrunners: CTI(B&D) (10yr), BAM(B&D) (20yr), JPM(B&D) (30yr), DEU, MOS. Passive Bookrunners: BNP, HSB, WFS
Use of Proceeds
For the purchase of Tender Offers and pay related premiums, fees and expenses

Explore all other research.