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Berkshire Hathaway Inc. Message Board

  • axpkocop axpkocop Mar 1, 2013 12:18 AM Flag

    New KO Bonds being issued

    "ATLANTA, Feb 28, 2013 (BUSINESS WIRE) -- The Coca-Cola Company today announced that it priced $500 million aggregate principal amount of floating rate notes due 2015, $1.25 billion aggregate principal amount of 1.15% notes due 2018 and $750 million aggregate principal amount of 2.50% notes due 2023 in an underwritten, registered public offering. The transaction is expected to close on March 5, 2013, subject to customary closing conditions. The Company intends to use the net proceeds from this offering to fund the redemption of the outstanding 5.00% Notes due 2013, 7.375% Notes due 2014 and 4.25% Notes due 2015, each issued by its wholly owned subsidiary Coca-Cola Refreshments USA, Inc., to pay related fees and expenses, including redemption premiums, and for general corporate purposes."

    Talk about your low rates.

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