Coca-Cola Bottling intends to pay down revolver with new note offering

By Tali Rackner

Norfolk, Va., Nov. 20 – Coca-Cola Bottling Co. Consolidated plans to repay outstanding debt under its revolving credit facility due Oct. 16, 2019 with the proceeds from a new senior note offering, according to a 424B5 filing with the Securities and Exchange Commission.

Any remaining proceeds will be used for general corporate purposes.

Coca-Cola Bottling is a Charlotte, N.C.-based maker, seller and distributer of Coca-Cola products.

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