Coca-Cola Amatil has sold US$400m of notes in the US in order to help the Australia-based soft drinks firm refinance debt.

Coca-Cola Amatil issued the five-year notes for sale to qualified institutional investors on the US 144a market today (29 October).

"Upon completion of the transaction, Coca-Cola Amatil will be fully funded for all of its debt due to mature in 2010," said the firm.

The group recently reported half-year net profits up 10.4% to A$189.8m (US$160m).