Coca-Cola FEMSA (NYSE: KOF) prices Ps. $10,000 million dual-tranche bonds in Mexico

Rhea-AI Filing Summary

Coca-Cola FEMSA priced new bonds in the Mexican market totaling Ps. $10,000 million in a dual-tranche offering under the tickers KOF26 and KOF26-2. The first tranche is Ps. $7,000 million, fixed-rate at 9.12% (Mbono +0.43%) with a 10-year maturity. The second tranche is Ps. $3,000 million at a variable rate of Funding TIIE + 0.38% with a 3-year term.

The deal drew strong demand, with a 3.84x oversubscribed orderbook, allowing the company to increase the issuance from an initial MXN $5,000 million target to MXN $10,000 million. The bonds obtained the highest national credit ratings, ‘mxAAA’ from S&P Global Ratings and ‘AAA.mx’ from Moody’s Local MX. Coca-Cola FEMSA plans to use the proceeds for general corporate purposes, including refinancing existing debt maturities.

Insights

Capital markets and corporate finance analyst

Large, well-rated peso bond issue reinforces funding access but mainly refinances debt.

Coca-Cola FEMSA raised Ps. $10,000 million in Mexico via two bond tranches, one 10-year fixed at 9.12% (Mbono +0.43%) and one 3-year floating at Funding TIIE + 0.38%. The offering was 3.84x oversubscribed versus an initial MXN $5,000 million target.

The bonds carry top national ratings, ‘mxAAA’ and ‘AAA.mx’, indicating strong local-credit quality. Staggered maturities at 3 and 10 years help balance the debt profile while keeping exposure to both fixed and floating rates in Mexican pesos.

Proceeds are earmarked for general corporate purposes, including refinancing debt maturities, so the transaction mainly refreshes funding rather than signaling expansion. Subsequent financial reports will show how the new bonds affect interest expense and the overall debt maturity schedule.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

For the month of February 2026
Commission File Number 1-12260

COCA-COLA FEMSA, S.A.B. de C.V.

(Translation of registrant’s name into English)

United Mexican States

(Jurisdiction of incorporation or organization)

Calle Mario Pani No. 100,
Santa Fe Cuajimalpa,
Cuajimalpa de Morelos,
05348, Ciudad de México,

México

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F X   Form 40-F     

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1)

Yes    No  X 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7)

Yes    No  X 

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes    No  X 

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with

Rule 12g3-2(b): 82-__.

 

Coca-Cola FEMSA announces successful

pricing of bonds in Mexico

Mexico City, Mexico – February 12, 2026 – Coca-Cola FEMSA, S.A.B. de C.V. (BMV: KOFUBL; NYSE: KOF) (“KOF” or the “Company”), announces the successful pricing of its bonds in the Mexican market for a total of Ps. $10,000 million. The transaction was completed through a dual-tranche format under the ticker symbols KOF26 and KOF26-2. The first tranche was priced at a fixed-rate of 9.12% (Mbono +0.43%) for an amount of Ps. $7,000 million due in 10 years; the second tranche was priced at a variable rate of Funding TIIE + 0.38% for an amount of Ps. $3,000 million with a 3-year term.

The transaction attracted broad participation from investment-grade investors, reaffirming KOF’s financial discipline and strong credit profile. It generated an orderbook representing a 3.84x oversubscription, exceeding the initial target amount of MXN $5,000 million, and resulting in a final issuance of MXN $10,000 million. The transaction received the highest national credit ratings: ‘mxAAA’ from S&P Global Ratings, S.A. de C.V., and ‘AAA.mx’ from Moody’s Local MX, S.A. de C.V., Institución Calificadora de Valores.

KOF intends to use the proceeds from the placement of the bonds for general corporate purposes, which includes the refinancing of debt maturities.

About Coca-Cola FEMSA

Stock listing information: Mexican Stock Exchange, Ticker: KOFUBL

NYSE (ADS), Ticker: KOF | Ratio of KOFUBL to KOF = 10:1

Coca-Cola FEMSA, S.A.B. de C.V. is the largest franchise bottler in the world by sales volume. The Company produces and distributes trademark beverages of The Coca-Cola Company, offering a wide portfolio to more than 276 million consumers. With over 93,000 employees, the Company markets and sells approximately 4.2-billion-unit cases through more than 2.2 million points of sale a year. Operating 56 manufacturing plants and 256 distribution centers, Coca-Cola FEMSA is committed to generating economic, social, and environmental value for all its stakeholders across the value chain. The Company is a member of the Dow Jones Sustainability MILA Pacific Alliance Index, FTSE4Good Emerging Index, and the S&P/BMV Total Mexico ESG Index, among others. Its operations encompass certain territories in Mexico, Brazil, Guatemala, Colombia, and Argentina and, nationwide, in Costa Rica, Nicaragua, Panama, Uruguay and, in Venezuela, through an investment in KOF Venezuela. For further information, please visit www.coca-colafemsa.com

For additional information, please contact the Investor Relations team:

• Jorge Collazo | jorge.collazo@kof.com

• Lorena Martin | lorena.martinl@kof.com

• Bryan Silva | bryan.silva@kof.com

• Emilio Díaz | emilio.diaz@kof.com

Coca-Cola FEMSA

February 12^th, 2026

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

COCA-COLA FEMSA, S.A.B. DE C.V.

By:  /s/ Gerardo Cruz Celaya              

Gerardo Cruz Celaya

Chief Financial Officer

 Date: February 12, 2026

FAQ

What bonds did Coca-Cola FEMSA (KOF) price in February 2026?

Coca-Cola FEMSA priced Ps. $10,000 million of bonds in Mexico in a dual-tranche structure. One tranche is 10-year fixed-rate and the other 3-year floating-rate, both issued under the tickers KOF26 and KOF26-2.

What are the key terms of Coca-Cola FEMSA (KOF) KOF26 and KOF26-2 bonds?

The KOF26 tranche totals Ps. $7,000 million at a 9.12% fixed rate (Mbono +0.43%) with 10-year maturity. KOF26-2 totals Ps. $3,000 million at Funding TIIE + 0.38% with a 3-year term, both issued in the Mexican market.

How strong was investor demand for Coca-Cola FEMSA (KOF) February 2026 bond issue?

Investor demand was strong, with an orderbook 3.84x oversubscribed. This allowed Coca-Cola FEMSA to increase the deal size from an initial MXN $5,000 million target to a final issuance of MXN $10,000 million in the Mexican bond market.

What credit ratings did Coca-Cola FEMSA (KOF) February 2026 bonds receive?

The bonds received the highest national credit ratings, ‘mxAAA’ from S&P Global Ratings and ‘AAA.mx’ from Moody’s Local MX. These ratings reflect strong perceived credit quality in the Mexican local market for the new bond issuance.

How will Coca-Cola FEMSA (KOF) use the proceeds from the Ps. $10,000 million bonds?

Coca-Cola FEMSA intends to use proceeds for general corporate purposes, including refinancing debt maturities. This means the funds primarily support its capital structure and upcoming obligations rather than being earmarked solely for new expansion projects.

In which markets are Coca-Cola FEMSA (KOF) shares listed and how are ADSs structured?

Coca-Cola FEMSA shares trade on the Mexican Stock Exchange under KOFUBL and as ADSs on the NYSE under KOF. Each NYSE-listed KOF ADS represents a 10:1 ratio to the Mexican-listed KOFUBL shares, providing cross-border investor access.