Coca-Cola FEMSA, S.A.B. de C.V. announced the successful pricing of Ps. $10,000 million in bonds in the Mexican market through a dual-tranche offering. The issuance consists of a 10-year fixed-rate tranche and a 3-year variable-rate tranche, with proceeds intended for general corporate purposes including debt refinancing.
Key takeaways
The Company priced a total of Ps. $10,000 million in bonds in the Mexican market on February 12, 2026.
Tranche 1 totals Ps. $7,000 million with a fixed rate of 9.12% (Mbono +0.43%) due in 10 years under ticker KOF26.
Tranche 2 totals Ps. $3,000 million with a variable rate of Funding TIIE + 0.38% with a 3-year term under ticker KOF26-2.
The transaction generated a 3.84x oversubscription, exceeding the initial target of MXN $5,000 million.
The bonds received national credit ratings of 'mxAAA' from S&P Global Ratings and 'AAA.mx' from Moody's Local MX.
Proceeds will be used for general corporate purposes, including the refinancing of debt maturities.