Coca-Cola Files 8-K Detailing Debt Offerings
Ticker: KO · Form: 8-K · Filed: Aug 15, 2024 · CIK: 21344
| Field | Detail |
|---|---|
| Company | Coca Cola CO (KO) |
| Form Type | 8-K |
| Filed Date | Aug 15, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.25 |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt-offering, financing, notes
TL;DR
KO filed an 8-K showing they issued a bunch of notes due between 2026-2041 with varying interest rates.
AI Summary
On August 15, 2024, The Coca-Cola Company filed an 8-K report detailing various debt issuances. These include notes with maturities ranging from 2026 to 2041, with interest rates varying from 0.125% to 3.125%. The filing also lists common stock with a par value of $0.25.
Why It Matters
This filing provides insight into Coca-Cola's ongoing debt management and capital structure, which can influence its financial flexibility and investment capacity.
Risk Assessment
Risk Level: low — This is a routine debt filing and does not indicate any immediate financial distress or significant operational changes.
Key Numbers
- 2026-2041 — Note Maturities (Range of maturity dates for debt issuances)
- 0.125%-3.125% — Interest Rates (Range of interest rates on issued notes)
Key Players & Entities
- COCA COLA CO (company) — Filer
- 2026 (date) — Maturity year for several notes
- 2041 (date) — Maturity year for several notes
- 0.125% (dollar_amount) — Lowest interest rate on notes
- 3.125% (dollar_amount) — Highest interest rate on notes
FAQ
What specific types of notes were issued by Coca-Cola?
Coca-Cola issued various notes including Sec1.875NotesDue2026, Sec0.750NotesDue2026, Sec1.125NotesDue2027, Sec0.125NotesDue2029, Sec0.400NotesDue2030, Sec1.250NotesDue2031, Sec3.125NotesDue2032, Sec0.375NotesDue2033, Sec0.500NotesDue2033, Sec1.625NotesDue2035, Sec1.100NotesDue2036, Sec0.950NotesDue2036, Sec0.800NotesDue2040, and Sec1.000NotesDue2041.
What is the par value of Coca-Cola's common stock mentioned in the filing?
The par value of Coca-Cola's common stock mentioned in the filing is $0.25.
What is the filing date of this 8-K report?
The 8-K report was filed on August 15, 2024.
What is the primary business of The Coca-Cola Company?
The Coca-Cola Company is primarily involved in the Beverages industry, with a Standard Industrial Classification code of [2080].
What is the fiscal year end for The Coca-Cola Company?
The fiscal year end for The Coca-Cola Company is December 31.
Filing Stats: 1,264 words · 5 min read · ~4 pages · Grade level 10.1 · Accepted 2024-08-15 16:10:47
Key Financial Figures
- $0.25 — nge on which registered Common Stock, $0.25 Par Value KO New York Stock Exchange
Filing Documents
- e24348_koeuro-8k.htm (8-K) — 79KB
- e24348_ex4-4.htm (EX-4.4) — 68KB
- e24348_ex4-5.htm (EX-4.5) — 67KB
- e24348_ex5-1.htm (EX-5.1) — 33KB
- ko_logo.jpg (GRAPHIC) — 230KB
- 0001552781-24-000497.txt ( ) — 1150KB
- ko-20240815.xsd (EX-101.SCH) — 6KB
- ko-20240815_def.xml (EX-101.DEF) — 31KB
- ko-20240815_lab.xml (EX-101.LAB) — 44KB
- ko-20240815_pre.xml (EX-101.PRE) — 30KB
- e24348_koeuro-8k_htm.xml (XML) — 20KB
SIGNATURES
SIGNATURES 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. Date: August 15, 2024 THE COCA-COLA COMPANY (REGISTRANT) By: /s/ ERIN MAY Name: Erin May Title: Senior Vice President, Controller and Chief Accounting Officer