Coca-Cola prints A$1 billion in its debut Kangaroo deal

On June 1, the Coca-Cola Company (Coca-Cola) (AA-/Aa3/A+) priced a new four-year and eight-year, senior-unsecured Kangaroo transaction. According to KangaNews data, the forthcoming transaction will be Coca-Cola's debut deal in the Kangaroo market. Coca-Cola Amatil (A-/A3) has a single, 2019 maturity, line outstanding for A$150 million (US$107.8 million).