Hogan Lovells transaction recognized as “ESG Bond Deal of the Year” by Bonds & Loans Latin America & Caribbean

Hogan Lovells advised long-time clients The Central America Bottling Corporation (“CBC” or the “Company”), CBC Bottling Holdco, S.L., and Beliv Holdco, S.L., as co-issuers (the “Co-Issuers”) in connection with (i) a Rule 144A and Regulation S offering of US$1.1 billion aggregate principal amount of the Co-Issuers’ 5.250 percent Senior Guaranteed Sustainability-Linked Notes due 2029 (the “Offering”) and (ii) a successful concurrent tender offer and consent solicitation relating to, and subsequent redemption of, CBC’s outstanding 5.750% Senior Guaranteed Notes due 2027.

The Offering, was the first US dollar-denominated sustainability-linked bond (“SLB”) in the international markets from a bottling company in the Americas. The Offering was also the first sustainability-linked bond by a Central American issuer and the second largest single tranche SLB by a Latin American issuer ever.

For more information on the transaction, please click here, and for further details on the Bonds & Loans Latin America & Caribbean Awards, click here.