Coca-Cola is going reverse Yankee by selling 1 billion of Euro debt to cover a potential tax charge
Briefly

The company's 'reverse Yankee' move involves issuing bonds in Euros to potentially cover a $16 billion tax dispute with the IRS.
US giants like Harley Davidson and Colgate-Palmolive have also utilized the 'reverse Yankee' trend, taking advantage of Europe's lower borrowing costs.
Read at Fortune Europe
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