Arca Continental B de C : 13 June 2022Arca Continental Completes Successful Bond Issuance
June 13, 2022 at 08:43 pm
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Arca Continental Completes Successful Bond Issuance
Bottler issues Ps. 4,350 million in Certificados Bursátiles, or local notes, to refinance debt
According to the underwriting banks, this issuance was one of the most was one of the most successful transactions in the Corporate Mexican market in recent years because of the low spread
Monterrey, Mexico, June 13, 2022.- Arca Continental, one of the world's most relevant Coca- Cola bottlers, announced today that it successfully completed the issuance of Ps. 4,350 million in Certificados Bursátiles, or local notes.
The issuance consisted of two tranches, one for Ps. 1,150 million with a 7-year term at a fixed rate of 9.32%, and the other for Ps. 3,200 million with a 4-year term at a variable rate equivalent to TIIE plus 4 basis points.
Amid complex macroeconomic conditions with financial volatility stemming from high inflation throughout the markets, this was one of the most successful transactions in the Corporate Mexican market in recent years because of the low spread, generating excess demand nearly 3 times the amount placed.
Both issuances received Mexico's highest credit ratings of "mxAAA" by S&P and "AAA(mex)" by Fitch Ratings.
"The successful placement of these bonds and the overwhelming demand confirm the trust that Arca Continental has built with a diverse shareholder base, reflecting the organization's solid financial position and outstanding operating performance", stated Emilio Marcos Charur, Chief Financial Officer of Arca Continental.
Through this issuance, among other initiatives, Arca Continental ratifies its commitment to making its financial structure more efficient while strengthening its balance sheet, striving to always be prepared for future investments.
About Arca Continental
Arca Continental produces, distributes, and markets beverages under The Coca-Cola Company brand, as well as snacks under its own brands in Mexico, Ecuador, and the United States. With an outstanding history spanning more than 96 years, Arca Continental is the second-largestCoca-Cola bottler in Latin America, and one of the largest in the world. Through its Coca-Cola franchise, the company serves more than 123 million people in the Northern and Western regions in Mexico, as well as in Ecuador, Peru, in the Northern region of Argentina, and in the Southwestern United States. Arca Continental is listed on the Mexican Stock Exchange under the ticker "AC." For more information about Arca Continental, please visit www.arcacontal.com
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Arca Continental SAB de CV published this content on 13 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 June 2022 00:42:05 UTC.
Arca Continental SAB de CV is a Mexico-based company primarily engaged in the beverages sector. The Company's activities are divided into two business segments: Beverages and Other. The Beverages division produces, distributes and sells non-alcoholic beverages under The Coca-Cola Company (TCCC) license in Mexico, Argentina, Ecuador and Peru, as well as dairy beverages of the Santa Clara brand name in Mexico and Toni brand name in Ecuador. Its TCCC beverages portfolio includes cola and flavored drinks, vitamin, low-calorie and energetic drinks, juices, as well as purified and flavored water, among others. The Companyâs brand names range comprises Ciel, del Valle, Powerade, burn, FUZE Tea and vitaminwater, among others. The Other division focuses on the sale of beverages through vending machines in Mexico, as well as manufacture and distribution of snacks and candies under the brand names Bokados in Mexico, Inalecsa in Ecuador and Wise in the United States.
ARCA CONTINENTAL, S.A.B. DE C.V. 
