Chicago, Sept. 22 – Embotelladora Andina SA issued CHF 170 million of 2.717% bonds due 2028 (BBB/BBB+), according to multiple sources.
UBS AG acted as the lead manager.
Proceeds were used to refinance the company’s 5% senior notes due in 2023, according to S&P Global Ratings.
The bonds trade on the SIX Swiss Exchange.
The issuer is a Chile-based beverage company.
| Issuer: | Embotelladora Andina SA
|
| Amount: | CHF 170 million
|
| Issue: | Bonds
|
| Maturity: | Sept. 20, 2028
|
| Bookrunner: | UBS AG
|
| Counsel to issuer: | Homburger
|
| Coupon: | 2.717%
|
| Settlement date: | Sept. 20, 2023
|
| Ratings: | S&P: BBB
|
| Fitch: BBB+
|
| ISIN: | CH1293714338
|
|
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
