Coca-Cola Files 8-K Detailing Debt Issuances

TL;DR

KO filed an 8-K detailing a bunch of new debt notes with varying interest rates and maturity dates.

AI Summary

The Coca-Cola Company filed an 8-K on May 14, 2024, to report on various debt issuances. These include notes due in 2026, 2027, 2029, 2030, 2031, 2033, 2035, 2036, 2040, and 2041, with interest rates ranging from 0.125% to 1.625%. The filing also includes common stock information.

Why It Matters

This filing provides transparency into Coca-Cola's capital structure and its ongoing debt management strategy, which can impact its financial leverage and borrowing costs.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of debt issuances and does not indicate any immediate financial distress or significant operational changes.

Key Numbers

• 0.125% — Lowest Interest Rate (Applies to notes due in 2029)
• 1.625% — Highest Interest Rate (Applies to notes due in 2035)

Key Players & Entities

• The Coca-Cola Company (company) — Filer
• 2026 (date) — Maturity year for several notes
• 2027 (date) — Maturity year for a note
• 2029 (date) — Maturity year for notes
• 2030 (date) — Maturity year for a note
• 2031 (date) — Maturity year for a note
• 2033 (date) — Maturity year for notes
• 2035 (date) — Maturity year for a note
• 2036 (date) — Maturity year for notes
• 2040 (date) — Maturity year for a note

FAQ

From the Filing

0001552781-24-000325.txt : 20240514 0001552781-24-000325.hdr.sgml : 20240514 20240514160820 ACCESSION NUMBER: 0001552781-24-000325 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 18 CONFORMED PERIOD OF REPORT: 20240514 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240514 DATE AS OF CHANGE: 20240514 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COCA COLA CO CENTRAL INDEX KEY: 0000021344 STANDARD INDUSTRIAL CLASSIFICATION: BEVERAGES [2080] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 580628465 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-02217 FILM NUMBER: 24944348 BUSINESS ADDRESS: STREET 1: ONE COCA COLA PLAZA CITY: ATLANTA STATE: GA ZIP: 30313 BUSINESS PHONE: 404-676-2121 MAIL ADDRESS: STREET 1: ONE COCA COLA PLAZA CITY: ATLANTA STATE: GA ZIP: 30313 8-K 1 e24243_koeuro-8k.htm false 0000021344 0000021344 2024-05-14 2024-05-14 0000021344 us-gaap:CommonStockMember 2024-05-14 2024-05-14 0000021344 ko:Sec1.875NotesDue2026Member 2024-05-14 2024-05-14 0000021344 ko:Sec0.750NotesDue2026Member 2024-05-14 2024-05-14 0000021344 ko:Sec1.125NotesDue2027Member 2024-05-14 2024-05-14 0000021344 ko:Sec0.125NotesDue2029Member 2024-05-14 2024-05-14 0000021344 ko:Sec0.125NotesDue20291Member 2024-05-14 2024-05-14 0000021344 ko:Sec0.400NotesDue2030Member 2024-05-14 2024-05-14 0000021344 ko:Sec1.250NotesDue2031Member 2024-05-14 2024-05-14 0000021344 ko:Sec0.375NotesDue2033Member 2024-05-14 2024-05-14 0000021344 ko:Sec0.500NotesDue2033Member 2024-05-14 2024-05-14 0000021344 ko:Sec1.625NotesDue2035Member 2024-05-14 2024-05-14 0000021344 ko:Sec1.100NotesDue2036Member 2024-05-14 2024-05-14 0000021344 ko:Sec0.950NotesDue2036Member 2024-05-14 2024-05-14 0000021344 ko:Sec0.800NotesDue2040Member 2024-05-14 2024-05-14 0000021344 ko:Sec1.000NotesDue2041Member 2024-05-14 2024-05-14 iso4217:USD xbrli:shares iso4217:USD xbrli:shares     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) May 14, 2024   COCA COLA CO (Exact name of Registrant as specified in its charter)   Delaware 001-02217 58-0628465 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.)       One Coca-Cola Plaza   Atlanta , Georgia   30313 (Address of principal executive offices)   (Zip Code)         Registrant’s telephone number, including area code: (404) 676-2121 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:  Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.25 Par Value KO New York Stock Exchange 1.875% Notes Due 2026 KO26 New York Stock Exchange 0.750% Notes Due 2026 KO26C New York Stock Exchange 1.125% Notes Due 2027 KO27 New York Stock Exchange 0.125% Notes Due 2029 KO29A New York Stock Exchange 0.125% Notes Due 2029 KO29B New York Stock Exchange 0.400% Notes Due 2030 KO30B New York Stock Exchange 1.250% Notes Due 2031 KO31 New York Stock Exchange 0.375% Notes Due 2033 KO33 New York Stock Exchange 0.500% Notes Due 2033 KO33A New York Stock Exchange 1.625% Notes Due 2035 KO35 New York Stock Exchange 1.100% Notes Due 2036 KO36 N