Coca-Cola Hellenic (CCH), the world's second-largest bottler of Coke drinks, said on Monday it issued a 300 million euro bond to refinance maturing debt.
Athens-based CCH said the bond carried a fixed 4.25 percent coupon and is due November 16, 2016. "The issue was significantly oversubscribed and has been placed with a diversified investor base," CCH said in a statement.
Proceeds from the issue, expected to settle on March 2, will be used to refinance a bond expiring on July 15, the bottler added. Joint lead managers of the issue were Deutsche Bank, Bank of America Merrill Lynch and The Royal Bank of Scotland.
source: Reuters
