Coca-Cola (NYSE:KO) second-largest bottler, Coca-Cola Hellenic (HLBr.AT), announced Monday it has issued a $412.9 million bond for the purpose of refinancing maturing debt.
Athens-based CCH said in a statement, “The issue was significantly oversubscribed and has been placed with a diversified investor base.”
The bottler said the bond will carry a fixed 4.25 percent coupon which will be due November 16, 2016.
Proceeds will be used to refinance a bond which is expiring on July 15. The issue should settle on March 2.
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