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The Coca-Cola Company Announces Final Results of Consent Solicitation and Tender Offer

ATLANTA--(BUSINESS WIRE)--

The Coca-Cola Company (the “Company”) previously announced a cash tender offer and consent solicitation (the “Offer and Solicitation”) for specified series of outstanding debt securities (“CCR notes”) issued by its wholly owned subsidiary Coca-Cola Refreshments USA, Inc. (“CCR”). The Offer and Solicitation was made pursuant to an offer to purchase and consent solicitation statement (the “Original Statement”), dated May 22, 2017, as amended on June 6, 2017 and June 21, 2017 (as amended, the “Amended Statement”).

Final Results of Consent Solicitation and Tender Offer for the CCR Notes, including the Extended CCR Notes

The Offer and Solicitation expired at 5:00 p.m., New York City time, on June 20, 2017 with respect to all CCR notes other than the Zero Coupon Notes due June 20, 2020 and the 8.500% Debentures due February 1, 2022 (collectively, the “Extended CCR Notes”) and expired at 5:00 p.m., New York City time, on June 30, 2017 with respect to the Extended CCR Notes.

Today, the Company announced the final results of the Offer and Solicitation for the Extended CCR Notes. Pursuant to the terms of the Offer and Solicitation, the CCR notes, other than the Zero Coupon Notes due June 20, 2020, were validly tendered and accepted and the related consents delivered and not revoked or withdrawn. The following table summarizes the final results for each series of CCR notes:

Series of CCR Notes

Aggregate
Principal
Amount
Outstanding

Aggregate
Consents
Received

Percentage
Consents
Received

Aggregate
Principal
Amount
Tendered

Percentage
Tendered

Aggregate
Consents
Received and
Amount
Tendered

Percentage
Consents
Received and
Tendered

Zero Coupon Notes due
June 20, 2020
(CUSIP/ISIN:191219AV6/
US191219AV64)

$170,926,000 $101,447,000 59.35% $8,904,000 5.21% $110,351,000 64.56%(1)

8.500% Debentures due
February 1, 2022
(CUSIP/ISIN:191219AP9/
US191219AP96)

$327,097,000 $212,675,000 65.02% $38,627,000 11.81% $251,302,000 76.83%

8.000% Debentures due
September 15, 2022
(CUSIP/ISIN:191219AQ7/
US191219AQ79)

$133,208,000 $79,898,000 59.98% $11,682,000 8.77% $91,580,000 68.75%

6.750% Debentures due
September 15...


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