Coca-Cola Consolidated, INC. 8-K Filing

Ticker: COKE · Form: 8-K · Filed: Dec 8, 2025 · CIK: 317540

Sentiment: neutral

Filing Stats: 1,313 words · 5 min read · ~4 pages · Grade level 12.5 · Accepted 2025-12-08 16:17:39

Key Financial Figures

Filing Documents

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement. On December 8, 2025, Coca-Cola Consolidated, Inc. (the "Company") entered into a term loan agreement (the "Term Loan Agreement") with Wells Fargo Bank, National Association ("Wells Fargo"), as administrative agent, and the other lenders party thereto, providing for a senior unsecured term loan facility in the aggregate principal amount of up to $900 million, maturing on December 8, 2028 (the "Three-Year Term Loan Facility"), and a senior unsecured term loan facility in the aggregate principal amount of up to $450 million maturing on December 6, 2030 (the "Five-Year Term Loan Facility" and, together with the Three-Year Term Loan Facility, the "Term Loan Facilities"). Also on December 8, 2025, the Company borrowed $1.35 billion under the Term Loan Facilities, the full amount available under the Term Loan Facilities. The proceeds of the Term Loan Facilities are intended to be used (i) to refinance the Company's $1.20 billion senior unsecured bridge term loan facility provided by that certain Bridge Loan Agreement, dated as of November 7, 2025, with Wells Fargo as administrative agent, and (ii) for general corporate purposes, which may include repurchases of the Company's common stock, funding for working capital, payment of dividends and capital expenditures. Amounts borrowed under the Term Loan Facilities bear interest at a per annum rate equal to, at the Company's option, either (i) Term SOFR plus the applicable rate, or (ii) the Base Rate plus the applicable rate. The applicable rates for Term SOFR rate loans and Base Rate loans are set out in a pricing grid based on the applicable rating for the Company's long-term senior unsecured, non-credit-enhanced debt (the "Debt Rating"). For the Three-Year Term Loan Facility, the applicable rate for Term SOFR rate loans varies from 0.750% to 1.250%, and the applicable rate for base rate loans varies from 0.000% to 0.250%. For the Five-Year Term Loan Facility, the app

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Term Loan Agreement, dated as of December 8, 2025, by and among the Company, Wells Fargo Bank, National Association, as administrative agent, and the other lenders party thereto. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. COCA-COLA CONSOLIDATED, INC. Date: December 8, 2025 By: /s/ E. Beauregarde Fisher III E. Beauregarde Fisher III Executive Vice President, General Counsel and Secretary

View Full Filing

View this 8-K filing on SEC EDGAR

View on Read The Filing