Coca-Cola Consolidated, Inc. has entered into a new term loan agreement with Wells Fargo Bank, National Association, and other lenders, securing senior unsecured term loan facilities totaling $1.35 billion. The financing includes a $900 million three-year term loan maturing in December 2028 and a $450 million five-year term loan maturing in December 2030. The proceeds will be used to refinance an existing $1.2 billion bridge loan and for general corporate purposes, which may include stock repurchases, working capital, dividends, and capital expenditures. The agreement includes financial covenants requiring the company to maintain specified ratios of cash flow to fixed charges and funded indebtedness to cash flow.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Coca-Cola Consolidated Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-25-055830), on December 08, 2025, and is solely responsible for the information contained therein.