Coca-Cola Enterprises has completed the sale in two parts

Coca-Cola Enterprises has completed the sale in two parts

Coca-Cola Enterprises (CCE) has completed the sale of US$500m worth of notes in two parts.

The first tranche, worth $250m, will mature in five years, the soft drinks bottler said in a filing yesterday (16 August), while the remaining $250m will mature in ten years time. Proceeds will be used for general corporate purposes, including share repurchases and debt repayment, CCE said.

The sale was managed by Barclays, Credit Suisse and Deutsche Bank.

Last month, CCE recorded an increase in first-half profits, boosted by volume growth from The Coca-Cola Co's Coca-Cola and Coke Zero brands.