The beverage company sold 8.5 billion euros worth of bonds, the largest ever by a U.S. issuer.
"We’re still on a journey to simplify the firm. I don’t rule out that we might make more disposals,” says CEO Stuart Gulliver.
A new compromise deal to extend the euro zone bailout is approved by European finance ministers.
When a brittle supply chain snaps, customers don’t get their products, companies lose revenue, brands are sullied, and the company suffers.
Private investors like Blackstone see value in the high-yield bonds of energy firms and in distressed companies hit by the steep drop in oil prices.
New digital upstarts are threatening the bottom lines, growth prospects, and even business models of traditional service providers.
To avoid draining the government and banks of liquidity, Greece will request an extension on its euro zone bailout, says its finance minister.
The Greek government's "limited cash buffers and approaching debt redemptions to preferred creditors constrain its negotiating flexibility," said S&P.
The challenges and opportunities ahead for finance chiefs.