Coca-Cola HBC secures larger €1.2 billion credit facility\n\nZURICH - Coca-Cola (NYSE:KO) HBC AG and its subsidiary 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, the company announced Monday.\n\nThe new sustainability-linked credit facility comes with a five-year term and includes an option to extend for up to two additional years. It replaces the previous facility that was set to expire in April 2026.\n\nCoca-Cola HBC Finance B.V. will serve as the borrower under the new arrangement, with Coca-Cola HBC AG providing guarantees for the borrower’s obligations. The facility is intended for general corporate purposes, according to the company statement.\n\nBNP Paribas (OTC:BNPQY), Paris, Lancy/Geneva Branch and Citi coordinated the arrangement as mandated lead arrangers and bookrunners, with Citi also acting as sustainability coordinator. The facility includes participation from multiple financial institutions including Barclays Bank Ireland PLC, CA Indosuez (Switzerland) SA, Goldman Sachs International, ING Bank N.V., and several other international banks.\n\nThe announcement represents a 50% increase in the company’s revolving credit facility capacity compared to its previous arrangement.\n\nThe information was disclosed in a regulatory announcement to the London Stock Exchange (LON:LSEG).

Coca-Cola HBC secures larger €1.2 billion credit facility

Coca-Cola HBC AG and its subsidiary Coca-Cola HBC Finance B.V. replaced their €800 million credit facility with a new €1.2 billion sustainability-linked facility, which includes a five-year term and an optional two-year extension. The arrangement, coordinated by BNP Paribas and Citi, involves multiple international banks and represents a 50% increase in credit capacity.