FOR IMMEDIATE RELEASE
Coca-Cola HBC AG
Launch of Issue of Notes
Zug, Switzerland - 10 June 2013 - Coca-Cola HBC AG ("Coca-Cola HBC") today announces the launch and pricing of a Euro denominated issue of notes (the "New Notes") in a €800 million transaction comprising seven year fixed-rate Notes with a coupon of 2.375%, issued by its subsidiary Coca-Cola HBC Finance B.V. (the "Issuer") under its €3 billion Euro Medium Term Note Programme which was established on 3 June 2013.
The New Notes are guaranteed by Coca-Cola HBC and Coca-Cola Hellenic Bottling Company S.A. ("CCH SA").
Application will be made for the New Notes to be admitted to the Official List of the UK Listing Authority and to trading on the Regulated Market of the London Stock Exchange plc. Settlement and the issue of the New Notes is expected to occur on 18 June 2013.
In connection with the outstanding €500 million 7.875% Notes due 15 January 2014 issued by the Issuer and guaranteed by CCH SA and Coca-Cola HBC Finance PLC (the "2014 Notes") and the outstanding €600 million 4.250% Notes due 16 November 2016 issued by the Issuer and guaranteed by CCH SA (the "2016 Notes" and, together with the 2014 Notes, the "Existing Notes"), and the outstanding 5.125% Notes due 2013 and 5.500% Notes due 2015 issued by the Issuer and guaranteed by CCH SA (the "U.S. Notes"), Coca-Cola HBC intends to become an additional guarantor of the Existing Notes and the U.S. Notes on or around the date of issue of the New Notes on 18 June 2013.
The Issuer has also announced today its invitation to holders of the 2014 Notes to tender their 2014 Notes for purchase by the Issuer for cash (the "Offer"). The Offer is being made on the terms and subject to the conditions contained in the tender offer memorandum dated 10 June 2013 (the "Tender Offer Memorandum") prepared by the Issuer, and is subject to the offer restrictions set out in the Tender Offer Memorandum.
Commenting on the New Notes' issue, Michalis Imellos, CFO of Coca-Cola HBC, said:
"Following the completion of our new group parent company's listing on the premium segment of the London Stock Exchange, we successfully accessed today the debt capital markets for a Euro 800 million New Notes issue. This issue enables us to refinance the two upcoming bond maturities at very competitive terms, in line with our expectations."
Disclaimer
This press release shall not constitute an offer to sell or a solicitation of an offer to buy the New Notes or an offer to buy or a solicitation or an offer to sell the 2014 Notes or any other securities, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. The New Notes and the 2014 Notes have not been and will not be registered under the United States Securities Act of 1933 (as amended), and may not be offered, sold, tendered, bought or delivered within the United States or to or for the account or benefit of U.S. persons
Enquiries
About Coca‑Cola HBC AG
Coca-Cola HBC is the second-largest bottler of products of The Coca-Cola Company in terms of volume with sales of more than 2 billion unit cases. It has a broad geographic footprint with operations in 28 countries serving a population of approximately 581 million people. Coca-Cola HBC offers a diverse range of ready-to-drink non-alcoholic beverages in the sparkling, juice, water, sport, energy, tea and coffee categories. Coca-Cola HBC is committed to promoting sustainable development in order to create value for its business and for society. This includes providing products that meet the beverage needs of consumers, fostering an open and inclusive work environment, conducting its business in ways that protect and preserve the environment and contribute to the socio-economic development of the local communities.
Coca-Cola HBChas a premium listing on the London Stock Exchange (LSE: CCH) and its shares are listed on the Athens Exchange (ATHEX: EEE). Coca-Cola HBC's American depositary shares (ADSs) are listed on the New York Stock Exchange (NYSE: CCH). Coca-Cola HBC is included in the Dow Jones Sustainability and FTSE4Good Indexes. For more information, please visit http://www.coca-colahbcag.com/ .
Coca-Cola Hellenic Bottling Company SA, a subsidiary of Coca-Cola HBC, has shares listed on the Athens Exchange (ATHEX: EEEK) and American depositary shares, each representing one Coca-Cola Hellenic ordinary shares, listed on the New York Stock Exchange (NYSE:OCCH).
