Obbligazione The Kola-Cola Company 2.875% ( US191216DQ04 ) in USD

The Kola-Cola Company

100 USD ▲

Stati Uniti

US191216DQ04 ( in USD )

2.875% per anno ( pagato 2 volte l'anno)

05/05/2041

Prospetto opuscolo dell'obbligazione The Coca-Cola Company US191216DQ04 en USD 2.875%, scadenza 05/05/2041

2 000 USD

750 000 000 USD

191216DQ0

A+ ( Upper medium grade - Investment-grade )

A1 ( Upper medium grade - Investment-grade )

05/11/2025 ( In 142 giorni )

The Coca-Cola Company è una multinazionale statunitense produttrice di bevande analcoliche, con un vasto portafoglio di marchi che includono Coca-Cola, Sprite, Fanta e molti altri.

The Obbligazione issued by The Kola-Cola Company ( United States ) , in USD, with the ISIN code US191216DQ04, pays a coupon of 2.875% per year.
The coupons are paid 2 times per year and the Obbligazione maturity is 05/05/2041

The Obbligazione issued by The Kola-Cola Company ( United States ) , in USD, with the ISIN code US191216DQ04, was rated A1 ( Upper medium grade - Investment-grade ) by Moody's credit rating agency.

The Obbligazione issued by The Kola-Cola Company ( United States ) , in USD, with the ISIN code US191216DQ04, was rated A+ ( Upper medium grade - Investment-grade ) by Standard & Poor's ( S&P ) credit rating agency.

7/6/23, 10:38 AM
sec.gov/Archives/edgar/data/21344/000155278121000261/e21277_kousd-fwp.htm
FWP 1 e21277_kousd-fwp.htm
Registration Statement No. 333-234311
Filed Pursuant to Rule 433
Supplementing the Preliminary
Prospectus Supplement
Dated April 28, 2021
(To Prospectus dated October 24, 2019)
Pricing Term Sheet
Fixed-Rate Notes due 2032, 2041, and 2051
The information in this pricing term sheet relates only to the offering of U.S. dol ar-denominated Notes (the "Dol ar
Notes Offering") and should be read together with (i) the preliminary prospectus supplement dated April 28, 2021
relating to the Dol ar 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 24,
2019, which forms a part of Registration Statement No. 333-234311.
Issuer:
The Coca-Cola Company

Security:
2.250% Notes due 2032
2.875% Notes due 2041
3.000% Notes due 2051

Offering Format:
SEC Registered

Principal Amount:
$2,000,000,000 of 2032 Notes
$750,000,000 of 2041 Notes
$700,000,000 of 2051 Notes1

Maturity Date:
January 5, 2032 for 2032 Notes
May 5, 2041 for 2041 Notes
March 5, 2051 for 2051 Notes

Coupon:
2.250% per year for 2032 Notes
2.875% per year for 2041 Notes
3.000% per year for 2051 Notes

Price to Public:
99.917% of principal amount for 2032 Notes
99.970% of principal amount for 2041 Notes
98.137% of principal amount for 2051 Notes2

1 The 2051 Notes wil be identical to the terms of, and wil be part of the same series as, the $1,000,000,000 aggregate principal amount of the
3.000% Notes due 2051 issued by The Coca-Cola Company on March 5, 2021). Upon settlement, the outstanding aggregate principal amount of the
3.000% Notes due 2051, including the 2051 Notes, wil be $1,700,000,000.
2 Plus accrued interest of $3,500,000 from and including March 5, 2021 to but excluding the Settlement Date.

https://www.sec.gov/Archives/edgar/data/21344/000155278121000261/e21277_kousd-fwp.htm
1/4

7/6/23, 10:38 AM
sec.gov/Archives/edgar/data/21344/000155278121000261/e21277_kousd-fwp.htm

Yield to Maturity:
2.259% for 2032 Notes
2.877% for 2041 Notes
3.096% for 2051 Notes

Spread to Benchmark Treasury: +65 bps for 2032 Notes
+70 bps for 2041 Notes
+80 bps for 2051 Notes

Benchmark Treasury:
UST 1.125% due February 15, 2031 for 2032 Notes
UST 1.875% due February 15, 2041 for 2041 Notes
UST 1.625% due November 15, 2050 for 2051 Notes

Benchmark Treasury Yield:
1.609% for 2032 Notes
2.177% for 2041 Notes
2.296% for 2051 Notes

Benchmark Treasury Price:
95-20 for 2032 Notes
95-05 for 2041 Notes
85-21 for 2051 Notes

Interest Payment Dates:
Semiannual y on January 5 and July 5, commencing on July 5, 2021 for the 2032
Notes
Semiannual y on May 5 and November 5, commencing on November 5, 2021 for
the 2041 Notes
Semiannual y on March 5 and September 5, commencing on September 5, 2021
for the 2051 Notes

Make-Whole Cal :
+10 bps for 2032 Notes
+15 bps for 2041 Notes
+15 bps for 2051 Notes

Use of Proceeds:
The Coca-Cola Company expects to use the net proceeds from the of ering,
together with cash on hand, for the purchase of the U.S. dol ar-denominated notes
tendered pursuant to the Tender Of ers (as defined in the preliminary prospectus
supplement) and the payment of related accrued and unpaid interest, premiums,
fees and expenses, and the Dol ar Notes Redemptions (as defined in the
preliminary prospectus supplement), if applicable. The Coca-Cola Company may
real ocate the net proceeds depending on market and other conditions in ef ect at
the time for general corporate purposes. The of ering is not conditioned upon the
completion of the Concurrent Notes Of ering (as defined in the preliminary
prospectus supplement) or the Tender Of ers.

https://www.sec.gov/Archives/edgar/data/21344/000155278121000261/e21277_kousd-fwp.htm
2/4

7/6/23, 10:38 AM
sec.gov/Archives/edgar/data/21344/000155278121000261/e21277_kousd-fwp.htm

Day Count Convention:
30 / 360

Trade Date:
April 28, 2021

Settlement Date*:
May 5, 2021 (T+5)

CUSIP / ISIN:
191216 DP2 / US191216DP21 for 2032 Notes
191216 DQ0 / US191216DQ04 for 2041 Notes
191216 DL1 / US191216DL17 for 2051 Notes

Denominations:
$2,000 x $1,000

Expected Ratings**:
A1 by Moody's Investors Service, Inc.
A+ by Standard & Poor's Ratings Services

Underwriters:
Joint Book-Running Managers:
BofA Securities, Inc.
Citigroup Global Markets Inc.
Deutsche Bank Securities Inc.
J.P. Morgan Securities LLC
Morgan Stanley & Co. LLC
BNP Paribas Securities Corp.
HSBC Securities (USA) Inc.
Wel s Fargo Securities, LLC

Co-Managers:
CastleOak Securities, L.P.
R. Seelaus & Co., LLC
Ramirez & Co., Inc.
Siebert Wil iams Shank & Co., LLC
*Note: Under Rule 15c6-1 under the Securities Exchange Act of 1934, trades in the secondary market are required to
settle in two business days, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers
who wish to trade the notes on the date of pricing or the next two succeeding business days wil be required, by virtue
of the fact that the notes initial y settle in T+5, to specify an alternate settlement arrangement at the time of any such
trade to prevent a failed settlement.

https://www.sec.gov/Archives/edgar/data/21344/000155278121000261/e21277_kousd-fwp.htm
3/4

7/6/23, 10:38 AM
sec.gov/Archives/edgar/data/21344/000155278121000261/e21277_kousd-fwp.htm

On April 28, 2021, The Coca-Cola Company announced an of ering of 1 bil ion aggregate principal amount of certain
euro-denominated senior notes pursuant to a separate prospectus supplement (the "Concurrent Notes Of ering"). This
of ering is not conditioned upon the completion of the Concurrent Notes Of ering, and the completion of the Concurrent
Notes Of ering is not conditioned upon the completion of this of ering. There can be no assurances that The Coca-Cola
Company wil complete the Concurrent Notes Of ering on the terms described herein or at al . Information regarding
the Concurrent Notes Of ering in the preliminary prospectus supplement is neither an of er to sel nor a solicitation of
an of er to buy any euro-denominated senior notes or any other securities to be issued by The Coca-Cola Company.
**Note: A securities rating is not a recommendation to buy, sel 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 the 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 wil arrange to send you the prospectus if
you request it by cal ing BofA Securities, Inc. at 1-800-294-1322, Citigroup Global Markets Inc. at 1-800-831-
9146, Deutsche Bank Securities Inc. at 1-800-503-4611, J.P. Morgan Securities LLC at 1-212-834-4533, or
Morgan Stanley & Co. LLC at 1-866-718-1649.
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 automatical y generated as
a result of this communication having been sent via Bloomberg or another system.

https://www.sec.gov/Archives/edgar/data/21344/000155278121000261/e21277_kousd-fwp.htm
4/4