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Coca-Cola HBC Sets Final Terms for €2.1 Billion Multi-Tranche Bond Issuance

Story Highlights
  • Coca-Cola HBC Finance B.V. set final terms for €2.1 billion in euro notes under its €10 billion EMTN programme.
  • The FCA-approved, multi-tranche bond issue targets non-U.S. investors, reinforcing Coca-Cola HBC’s capital markets funding strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Coca-Cola HBC Sets Final Terms for €2.1 Billion Multi-Tranche Bond Issuance

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Coca Cola HBC ( (GB:CCH) ) has shared an update.

Coca-Cola HBC Finance B.V., guaranteed by Coca-Cola HBC AG, has set final terms for three new euro-denominated bond issues under its €10 billion Euro Medium Term Note programme. The tranches comprise €700 million notes due October 2028 at 3.375%, €600 million notes due October 2030 at 3.625%, and €800 million notes due October 2033 at 4.000%.

The notes are being offered to non-U.S. investors under Regulation S, with the base prospectus approved by the UK Financial Conduct Authority and the final terms made available via the company’s website and the FCA’s National Storage Mechanism. The multi-tranche issuance underscores Coca-Cola HBC’s continued use of capital markets to fund its operations and support its positioning as a major European beverage bottler.

The most recent analyst rating on (GB:CCH) stock is a Hold with a £4539.00 price target. To see the full list of analyst forecasts on Coca Cola HBC stock, see the GB:CCH Stock Forecast page.

Spark’s Take on CCH Stock

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

The score is driven primarily by strong underlying profitability and a positive, guidance-backed earnings outlook, supported by a clear bullish price trend. Offsetting factors are leverage and weakening cash conversion in the financial statements, a relatively full valuation (P/E ~21), and technically overextended momentum that raises near-term pullback risk.

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

More about Coca Cola HBC

Coca-Cola HBC is a growth-focused consumer packaged goods company and a strategic bottling partner of The Coca-Cola Company, serving 760 million consumers in 29 countries. It offers a broad 24/7 beverage portfolio spanning sparkling drinks, juices, water, sports and energy drinks, ready-to-drink tea and coffee, and premium spirits, and is listed on the London and Athens stock exchanges.

Average Trading Volume: 574,221

Technical Sentiment Signal: Buy

Current Market Cap: £15.42B

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

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