Coca-Cola (KO) Greek Bottler Issues $412.9 Million Bond

Coca-Cola (NYSE:KO) second-largest bottler, Coca-Cola Hellenic (HLBr.AT), announced Monday it has issued a $412.9 million bond for the purpose of refinancing maturing debt.

CCH said in a statement, "The issue was significantly oversubscribed and has been placed with a diversified investor base."

The bottler said the bond will carry a fixed 4.25 percent coupon which will be due November 16, 2016.

Proceeds will be used to refinance a bond which is expiring on July 15. The issue should settle on March 2.

Deutsche Bank (NYSE:DB), Bank of America (NYSE:BAC) and The Royal Bank of Scotland (NYSE:RBS) were joint lead managers of the issue.