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Coca-Cola Bottling Co. Consolidated has announced the expiration of the early participation period related to its offer to exchange new Senior Notes for debentures.

The US Coke bottler has offered to exchange new Senior Notes due on 15 June, 2016 for up to US$200m principal amount of its outstanding US$250m 6-3/8% Debentures due on 1 May, 2009 and its US$100m 7.20% Debentures due on1 July, 2009.

The company said that, as of 1700 (New York time) on Tuesday 7 June, approximately US$164.8m aggregate principal amount of Old Debentures had been validly tendered for exchange, including US$122.2m of the 6-3/8% Debentures and US$42.6m of the 7.20% Debentures.

The total exchange price will be calculated at 1400 (New York time) on 17 June. Holders of Old Debentures who tendered by the Early Participation Date will receive an early participation payment as described in the offer documents.


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