SEC Comment Letter 0000000000-23-008274 to COCA-COLA EUROPACIFIC PARTNERS plc (CCEP)
COCA-COLA EUROPACIFIC PARTNERS plc
Date: Aug. 2, 2023 · CIK: 0001650107 · Accession: 0000000000-23-008274
AI Filing Summary & Sentiment
File numbers found in text: 001-37791
Letter
United States securities and exchange commission logo August 2, 2023 Nik Jhangiani Chief Financial Officer COCA-COLA EUROPACIFIC PARTNERS plc Pemberton House, Bakers Road Uxbridge UB8 1EZ United Kingdom Re:COCA-COLA EUROPACIFIC PARTNERS plc Form 20-F for the fiscal year ended December 31, 2022 Response Dated July 14, 2023 File No. 001-37791 Dear Nik Jhangiani: We have reviewed your July 14, 2023 response to our comment letter and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to these comments within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comments apply to your facts and circumstances, please tell us why in your response. After reviewing your response to these comments, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our June 30, 2023 letter. Form 20-F filed March 17, 2023 Consolidated Financial Statements Note 7 - Intangible assets and goodwill TCCC franchise intangible assets, page 170 1.In your response to prior comment 4 you indicate that the TCCC bottling agreements have a maturity date (with a renewal period) and contain no automatic right of renewal. Please provide us the actual duration terms stipulated in your TCCC bottling agreements, including maturity dates and renewal periods. In addition, please more fully explain to us how the renewal term operates, including whether your TCCC bottling agreements provide for successive renewal periods.
FirstName LastNameNik Jhangiani Comapany NameCOCA-COLA EUROPACIFIC PARTNERS plc August 2, 2023 Page 2 FirstName LastName Nik Jhangiani COCA-COLA EUROPACIFIC PARTNERS plc August 2, 2023 Page 2 You may contact Kevin Stertzel at (202) 551-3723 or Anne McConnell at (202) 551- 3709 if you have questions regarding these comments Sincerely, Division of Corporation Finance Office of Manufacturing
Show Raw Text
United States securities and exchange commission logo
August 2, 2023
Nik Jhangiani
Chief Financial Officer
COCA-COLA EUROPACIFIC PARTNERS plc
Pemberton House, Bakers Road
Uxbridge UB8 1EZ
United Kingdom
Re:COCA-COLA EUROPACIFIC PARTNERS plc
Form 20-F for the fiscal year ended December 31, 2022
Response Dated July 14, 2023
File No. 001-37791
Dear Nik Jhangiani:
We have reviewed your July 14, 2023 response to our comment letter and have the
following comments. In some of our comments, we may ask you to provide us with information
so we may better understand your disclosure.
Please respond to these comments within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe our
comments apply to your facts and circumstances, please tell us why in your response.
After reviewing your response to these comments, we may have additional
comments. Unless we note otherwise, our references to prior comments are to comments in our
June 30, 2023 letter.
Form 20-F filed March 17, 2023
Consolidated Financial Statements
Note 7 - Intangible assets and goodwill
TCCC franchise intangible assets, page 170
1.In your response to prior comment 4 you indicate that the TCCC bottling agreements have
a maturity date (with a renewal period) and contain no automatic right of renewal. Please
provide us the actual duration terms stipulated in your TCCC bottling agreements,
including maturity dates and renewal periods. In addition, please more fully explain to us
how the renewal term operates, including whether your TCCC bottling agreements
provide for successive renewal periods.
FirstName LastNameNik Jhangiani
Comapany NameCOCA-COLA EUROPACIFIC PARTNERS plc
August 2, 2023 Page 2
FirstName LastName
Nik Jhangiani
COCA-COLA EUROPACIFIC PARTNERS plc
August 2, 2023
Page 2
You may contact Kevin Stertzel at (202) 551-3723 or Anne McConnell at (202) 551-
3709 if you have questions regarding these comments
Sincerely,
Division of Corporation Finance
Office of Manufacturing