The company has the financial flexibility to meet the maturities of its short and long-term debt, according to Fitch Ratings. Moody's risk rating agency also gave the company the highest rating for its bonds.
Arca Continental (AC), the second largest bottler of Coca-Cola brand products in Latin America, returns to the stock market after a year to make a debt placement in order to raise up to 4.35 billion pesos, which it will use to refinance its liabilities.
The issuer expects to place the debt securities on June 8 on the Mexican Stock Exchange (BMV) in two tranches. Through one of the issues it will offer a fixed interest rate and a payment term of up to seven years. The second tranche will have a variable rate and a term of up to four years, as described in a presentation to investors.