Registration Statement No. 333-191953
Filed Pursuant to Rule 433
Supplementing the Preliminary
Prospectus Supplement
Dated August 30, 2016
(To Prospectus dated October 28, 2013)

 

 

Pricing Term Sheet

 

Fixed-Rate Notes due 2036

 

The information in this pricing term sheet relates only to the offering of Notes (the “Notes Offering”) and should be read together with (i) the preliminary prospectus supplement dated August 30, 2016 relating to the Notes Offering, filed pursuant to Rule 424(b) under the Securities Act of 1933, as amended, including the documents incorporated by reference therein, and (ii) the related base prospectus dated October 28, 2013, which forms part of Registration Statement No. 333-191953.

 

Issuer:

The Coca-Cola Company

Security:

1.100% Notes due 2036

Offering Format:

SEC Registered

Principal Amount:

€500,000,000

Maturity Date:

September 2, 2036

Coupon:

1.100% per year

Price to Public:

99.572% of principal amount

Yield to Maturity:

1.124%

Spread to Benchmark Security:

+98 bps

Benchmark Security:

DBR 4.750% due July 4, 2034

Benchmark Security Yield:

0.144%

Benchmark Security Price:

181.05%

Mid-Swap Yield:

0.674%

Spread to Mid-Swap Yield:

+45 bps

Interest Payment Dates:

Annually on September 2, commencing September 2, 2017

Make-Whole Call:

At any time at a discount rate of Comparable Government Bond Rate plus 15 bps

 


 

Use of Proceeds:

The Coca-Cola Company expects to use the net proceeds from the offering for general corporate purposes, which may include working capital, capital expenditures, acquisitions of or investments in businesses or assets, redemption and repayment of short-term or long-term borrowings and purchases of our common stock. Pending application of the net proceeds, The Coca-Cola Company may temporarily invest the net proceeds in short-term marketable securities. While The Coca-Cola Company currently anticipates that it will use the net proceeds of the offering as described above, it may reallocate the net proceeds depending upon market and other conditions in effect at the time to repay other outstanding indebtedness and for general corporate purposes.

Day Count Convention:

ACTUAL/ACTUAL (ICMA)

Trade Date:

August 30, 2016

Settlement Date:

September 2, 2016 (T+3)

Listing:

The Coca-Cola Company intends to apply to list the notes on the New York Stock Exchange

ISIN/Common Code/CUSIP:

XS1485643610/148564361/191216 CA6

Denominations:

€100,000 and integral multiples of €1,000 in excess thereof

Expected Ratings*:

Aa3 by Moody’s Investors Service, Inc.

 

AA- by Standard & Poor’s Ratings Services

 

A+ by Fitch Ratings

Underwriters:

Bookrunners:

 

BNP Paribas

 

Credit Suisse Securities (Europe) Limited

 

J.P. Morgan Securities plc

 

Wells Fargo Securities International Limited

 

Co-Managers:

 

CastleOak Securities, L.P.

 

Drexel Hamilton, LLC

 

Mischler Financial Group, Inc.

 

Samuel A. Ramirez & Company, Inc.

 

Siebert Cisneros Shank & Co., L.L.C.

Stabilization:

Stabilization/FCA

 

 

*Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

 


 

The issuer has filed a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission (SEC) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering.

 

You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling BNP Paribas at +1 800-854-5674, Credit Suisse Securities (Europe) Limited at +1 800 221 1037 or +44 (0) 20 7888 4021, J.P. Morgan Securities plc (if outside the United States, collect on +44-207-134-2468 or, if inside the United States, collect on (212) 834-4533), or Wells Fargo Securities International Limited at (800) 326-5897.

 

Any legends, disclaimers or other notices that may appear below are not applicable to this communication and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of this communication having been sent via Bloomberg or another system.