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ZURICH - Coca-Cola HBC AG and Coca-Cola HBC Finance B.V. have replaced their existing €800 million syndicated multi-currency revolving credit facility with a new €1.2 billion facility, according to a company press release issued Monday.
The new sustainability-linked facility has a five-year term with an option to extend for up to two additional years. It replaces the previous facility that was set to expire in April 2026.
Coca-Cola HBC Finance B.V. will serve as the borrower, with obligations guaranteed by Coca-Cola HBC AG. The facility will be used for general corporate purposes.
BNP Paribas (OTC:BNPQY), Paris, Lancy/Geneva Branch and Citi acted as coordinating mandated lead arrangers and bookrunners, with Citi also serving as sustainability coordinator. The syndicate includes twelve financial institutions as mandated lead arrangers and bookrunners.
Coca-Cola HBC operates as a strategic bottling partner of The Coca-Cola Company (NYSE:KO) across 29 countries, serving approximately 750 million consumers. The company’s portfolio includes brands such as Coca-Cola, Fanta, Sprite, Costa Coffee, and premium spirits like Finlandia Vodka and The Macallan.
The company is listed on the London Stock Exchange (LON:LSEG) (LSE:CCH) and the Athens Exchange (ATHEX:EEE).
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