Coca-Cola FEMSA Announces Pricing of Notes

Mexico City, Mexico – January 9, 2020 – Coca-Cola FEMSA, S.A.B. de C.V. (BMV: KOFUBL; NYSE: KOF) (“KOF” or the “Company”), the largest franchise bottler of Coca-Cola products in the world by sales volume, announces the successful pricing of a public offering of US$1.25 billion principal amount of senior notes due 2030 (the “notes”). The notes priced at US Treasury + 100 basis points and a coupon of 2.750%. The transaction received broad participation from investment grade dedicated investors, confirming Coca-Cola FEMSA’s financial discipline and strong credit profile.
KOF intends to use the net proceeds from the sale of the notes to fully redeem its 3.875% senior notes due 2023, and the remainder, for general corporate purposes.
The closing of the offering of the notes is subject to customary closing conditions.

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