STOCK TITAN

Coca-Cola FEMSA, S.A.B DE C.V - KOF STOCK NEWS

Welcome to our dedicated page for Coca-Cola FEMSA, S.A.B DE C.V news (Ticker: KOF), a resource for investors and traders seeking the latest updates and insights on Coca-Cola FEMSA, S.A.B DE C.V stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Coca-Cola FEMSA, S.A.B DE C.V's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Coca-Cola FEMSA, S.A.B DE C.V's position in the market.

Rhea-AI Summary

Coca-Cola FEMSA (KOF) announced the acceptance of its cash offers to purchase certain series of notes for a total amount of up to US$299.84 million. The company will repurchase all tendered 5.250% Senior Notes due 2043 and US$209.47 million of 2.750% Senior Notes due 2030. The offers were initially capped at US$250 million. Holders of accepted notes will receive a total consideration that includes an early tender premium. The offers expire on September 22, 2022, with an initial settlement date expected on September 13, 2022.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.54%
Tags
none
-
Rhea-AI Summary

Coca-Cola FEMSA, S.A.B. de C.V. (KOF) has announced results from its early tender offers for the purchase of certain senior notes, totaling up to US$250 million. As of September 8, 2022, the company reported tendered amounts of 110.86 million for the 5.250% Senior Notes due 2043 and 366.87 million for the 2.750% Senior Notes due 2030. The total consideration for accepted notes will be determined on September 9, with payment expected on September 13. The offers will expire on September 22, 2022.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.13%
Tags
none
-
Rhea-AI Summary

Coca-Cola FEMSA (KOF) has initiated a cash tender offer for its Notes, aiming for an aggregate purchase price of up to US$250 million. This offer includes two series of Senior Notes due 2043 and 2030, with principal amounts outstanding of US$600 million and US$1.25 billion, respectively. The transaction allows holders to receive a Total Consideration calculated based on market yields plus a US$30 early tender premium. The offer will expire on September 22, 2022, and holders must tender their notes by September 8, 2022 to qualify for early consideration.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1%
Tags
none

FAQ

What is the current stock price of Coca-Cola FEMSA, S.A.B DE C.V (KOF)?

The current stock price of Coca-Cola FEMSA, S.A.B DE C.V (KOF) is $92.83 as of April 16, 2024.

What is the market cap of Coca-Cola FEMSA, S.A.B DE C.V (KOF)?

The market cap of Coca-Cola FEMSA, S.A.B DE C.V (KOF) is approximately 19.5B.
Coca-Cola FEMSA, S.A.B DE C.V

NYSE:KOF

KOF Rankings

KOF Stock Data

19.50B
1.68B
45.19%
0.16%
Beverages - Non-Alcoholic
Consumer Defensive
Link
United States of America
Mexico City