S&C Advises Coca-Cola HBC in Inaugural €500 Million Green Bond Offering

October 3, 2022

On September 23, Coca-Cola HBC completed its inaugural green bond offering in the form of €500 million 2.75% notes due September 23, 2025 issued by its finance subsidiary under its EMTN Programme. The issuance is the first under Coca-Cola HBC's Green Finance Framework, which allocates funds toward projects that progress the company's NetZeroby40 and Mission 2025 commitments. These projects include circularity, energy efficiency, water stewardship, biodiversity and community programs, innovation in sustainable packaging, and support of sustainable agriculture and procurement.
Coca-Cola HBC is a consumer packaged goods business and strategic bottling partner of The Coca-Cola Company. The company, which is Coca-Cola's third largest anchor bottler, has operations in 29 countries across three continents. 
The S&C London-based team advising Coca-Cola HBC on the issuance included Vanessa Blackmore, Kirsten Rodger and Aria Wong.