Green Bond Fact Sheet

Coca Cola FEMSA

Date: 01/10/2020

Issue date: 01-09-2020 Maturity date: 01-09-2032 Tenor: 12Issuer nameCoca Cola FEMSA

Amount issued

USD705m

Country of risk

MexicoCBI Database

IncludedIssuer type1

Non-Financial
Corporate

Bond typeSr Unsecured

Green bond framework

N/A

Second party opinion

Sustainalytics

Certification Standard

Not certified

Assurance report

N/A

Certification verifier

N/AGreen bond rating

N/A☒ Energy☒ Solar☒ Onshore wind
☐ Offshore wind
☒ Geothermal☒ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ District heating☐ Electricity grid

☐ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Buildings☐ Certified Buildings☐ HVAC systems☒ Energyperformance☐ Water performance☐ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☐ Transport☐ Electric vehicles☐ Low emission
vehicles☐ Bus rapid transit☐ Passenger trains☐ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Water & wastewater☐ Water distribution☐ Water treatment☐ Wastewatertreatment☐ Water storage☐ Storm water mgmt
☐ Flood protection☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Waste management☒ Recycling☒ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☒ Infrastructure☐ Waste to energy☐ Industry: components☐ Adaptation & resilience

Use of Proceeds☒ Land use & agriculture☒ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose &paper☐ Land remediation☒ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
ReportingCompany information

Allocation reporting and disclosure on the progress on the environmental commitments will
be provided as part of the company’s annual report until proceeds are allocated, withupdates also provided in conjunction with any material developments. The allocation reportwill cover information on the amount of net proceeds allocated per category; a selection ofbrief project descriptions; the outstanding amount of unallocated proceeds at the end of thereporting period; as well as expected impact metrics. Examples of the latter include tons ofwaste recycled, tons of packaging material reused, acres reforested or preserved, reduction
in GHG emissions, and electricity use.
Coca-Cola FEMSA is a subsidiary of Fomento Económico Mexicano and is a Mexican
multinational beverage company with its headquarter in Mexico City and employing over
80,000 employees. It is owned by FEMSA, The Coca-Cola Company and the public. Thecompany has operations in several Latin American countries such as Mexico and Brazil
which generate approximately 80% of its sales.

Firsts, records andcertifications
Proceeds description

The company will finance the following eligible projects:- Equipment, operational improvements and maintenance to reduce energy consumption
and GHG emissions of its facilities.
- Pollution Prevention and Control: collection and recycling facilities as well as sortingcenters.
- Eco-efficiency and/or circular economy products, production technologies and processes
category: procurement of recycled PET resin for its PET packaging.
- Preservation and reforestation: support company goal to replenish 100% of the waterused for production for beverages through increasing reforestation and forest preservation.
- Construction, development, acquisition, maintenance, and operation of solar, wind,geothermal and hydropower (≤25 MW) facilities.

Climate Bonds view

Underwriters
Deal comments

Coca Cola FEMSA addresses pressing issues in the food and beverage – and broader fastmoving consumer goods (FMCG) – industry with their green bond issuance. Among otherimportant initiatives, the instrument will finance the procurement of recycled PET resin for
its PET packaging – a step in the right direction to divert packaging inputs away from virginplastics. In addition, the funding towards replenishing water use in its production chain is
another example of a project seen less frequently in the green bond market, offering
welcome diversification of green bond proceeds in general – especially important forinvestors.
JPM, MSCredit ratingA- (Fitch)
A2 (Moody’s)

Pricing summary•••

Yield: 1.887%
Coupon: 1.85%
Price: 99.604%

Investors summary

1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign