Coca-Cola FEMSA Prices MX$10 Billion Bond Deal

Coca-Cola FEMSA has successfully placed MX$10 billion (US$582 million) in local debt certificates, known as cebures, in the Mexican market. The two-tranche issuance will be used for general corporate purposes and to refinance existing debt maturities. The offering was oversubscribed 3.84 times its initial target, prompting the company to double its original MX$5 billion objective.

The first tranche, KOF26,  totals MX$7 billion with a 10-year tenor and a fixed interest rate of 9.12%. The second tranche, KOF26-2, amounts to MX$3 billion with a three-year maturity and a floating rate referenced to TIIE Fondeo plus 0.38%. The transaction strengthens the bottler’s balance sheet as it advances its financial and sustainability agenda.

Sustainability Performance and ESG Disclosures

Alongside the bond placement, Coca-Cola FEMSA disclosed its 2025 sustainability performance results from CDP and FTSE Russell ESG assessments. The company achieved its highest score to date in the FTSE Russell evaluation, reaching 4.1 out of 5.0, placing it in the 87th percentile globally within the Food & Beverage sector and securing its continued inclusion in the FTSE4Good Index Series.

According to FTSE Russell, the improved score reflects a perfect 5.0 rating in Governance, particularly in risk management. The company also maintained a “B” rating in Climate Change and Water Security from CDP, the global environmental disclosure platform. A “B” rating represents the second-highest performance tier and recognizes effective management of environmental risks and alignment with the International Sustainability Standards Board (ISSB) IFRS S2 climate standard.

Catherine Reuben, Corporate Affairs Director, Coca-Cola FEMSA, said the results underscore the company’s long-term commitment to transparency and accountability. The company reported progress in managing Scope 1 and Scope 2 emissions, strengthening environmental governance, and enhancing data verification processes. Water stewardship efforts focused on governance frameworks, risk disclosure, and efficiency technologies aimed at reducing water intensity while supporting business growth.

Talent Strategy and Regional Recognition

Coca-Cola FEMSA also received the Top Employers™ 2026 certification for its Mexico operations for the third consecutive year. Its overall score in the Top Employers Institute evaluation increased from 68.8 to 77.77, with the strongest gains in Talent Strategy and Learning & Development.

The improvement contributed to the company earning the Top Employers Latin America 2026 certification. Coca-Cola FEMSA is currently the only bottler within the Coca-Cola System to hold this regional distinction, with certifications in Mexico, Colombia, Brazil and Guatemala.

The assessment highlighted initiatives focused on employee wellbeing, diversity and inclusion, including preventive health programs, anti-harassment policies and anonymous reporting channels. The company said these efforts are designed to enhance workforce engagement, strengthen governance standards and support long-term organizational resilience.