Coca-Cola Beverages Florida, LLC Completes Notes Offering and Closing of Credit Facility
Ropes & Gray represented Coca-Cola Beverages Florida, LLC, a family-owned, independent Coca-Cola bottler, in the completion of a private offering of $375 million in senior unsecured notes and an agreement for a new $325 million senior unsecured revolving credit facility. The announcement was made on March 8.
Coke Florida, founded in 2015 and headquartered in Tampa, Fla., covers over 18 million consumers across Florida and includes the major metropolitan markets of Jacksonville, Miami, Orlando and Tampa. The company sells, manufactures and distributes over 600 products of The Coca-Cola Company and other partner companies.
The Ropes & Gray team was led by finance partner Alexander Zeltser, securities & public companies partner Zachary Blume and tax partner Aaron Harsh.