Coca-Cola FEMSA Raises Ps. 10 Billion in Oversubscribed Mexican Bond Offering

The latest announcement is out from Coca Cola Femsa SAB De CV ( (KOF) ).

On February 12, 2026, Coca-Cola FEMSA announced it had successfully priced a dual-tranche bond offering in the Mexican market totaling Ps. 10,000 million. The issuance consisted of a 10‑year fixed‑rate tranche of Ps. 7,000 million at 9.12% and a three‑year floating‑rate tranche of Ps. 3,000 million at Funding TIIE plus 0.38%, both listed under the tickers KOF26 and KOF26‑2.

The deal drew strong demand from investment‑grade investors, with an orderbook 3.84 times oversubscribed versus the initial Ps. 5,000 million target, enabling the company to upsize the transaction to Ps. 10,000 million. Carrying top national ratings of ‘mxAAA’ from S&P Global Ratings and ‘AAA.mx’ from Moody’s Local MX, the bonds will support Coca-Cola FEMSA’s general corporate needs, including refinancing upcoming debt maturities, reinforcing its financial flexibility and already solid credit profile.

The most recent analyst rating on (KOF) stock is a Hold with a $110.00 price target. To see the full list of analyst forecasts on Coca Cola Femsa SAB De CV stock, see the KOF Stock Forecast page.

Spark’s Take on KOF Stock

According to Spark, TipRanks’ AI Analyst, KOF is a Outperform.

The score is driven primarily by solid underlying profitability and balance-sheet quality, tempered by weak/volatile TTM cash generation. Technicals remain bullish but look overextended, while valuation is fair with dividend support. The latest earnings call was constructive on execution and cost control, but weighed down by volume softness and Mexico excise-tax and cost/currency headwinds.

To see Spark’s full report on KOF stock, click here.

More about Coca Cola Femsa SAB De CV

Coca-Cola FEMSA, S.A.B. de C.V. is the world’s largest Coca-Cola franchise bottler by sales volume, producing and distributing trademark beverages of The Coca-Cola Company to more than 276 million consumers. The company operates 56 plants and 256 distribution centers across Mexico, Brazil, Central and South America, leveraging a broad retail network and a strong ESG profile highlighted by its inclusion in major sustainability indices.

With a workforce of over 93,000 employees and annual sales of approximately 4.2 billion unit cases through more than 2.2 million points of sale, Coca-Cola FEMSA focuses on generating economic, social, and environmental value throughout its value chain. Its operations span key territories in Mexico, Brazil, Guatemala, Colombia, and Argentina, and it operates nationwide in Costa Rica, Nicaragua, Panama, Uruguay and, in Venezuela, through an investment in KOF Venezuela.

Average Trading Volume: 172,537

Technical Sentiment Signal: Buy

Current Market Cap: $5.92B

For a thorough assessment of KOF stock, go to TipRanks’ Stock Analysis page.