On January 22, Embotelladora Andina S.A. completed the issuance and placement in the international markets of senior notes in an aggregate principal amount of USD 300,000,000, due 2050, in an offer conducted in reliance upon Rule 144A and Regulation S under the U.S. Securities Act of 1933. The company may redeem the notes, in whole or in part, at any time and from time to time prior to July 21, 2049, at its option, at a redemption price equal to the greater of (1) 100% of the outstanding principal amount of the notes being redeemed, and (2) the sum of the present values of the remaining scheduled payments of principal and interest on the notes being redeemed to the Par Call Date discounted to the date of redemption on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the applicable Treasury Rate plus 30 basis points, in each case plus accrued and unpaid interest, if any, thereon to the date of redemption. The Company may also redeem the notes, in whole or in part, at any time and from time to time on or after July 21, 2049, at its option, at a redemption price equal to 100% of the principal amount of the notes being redeemed, plus accrued and unpaid interest thereon, if any to the date of redemption. Notice of a redemption must be given to each Holder not less than 7 days nor more than 60 days prior to the redemption date. Any redemption may be subject to conditions precedent set forth in the relevant notice of redemption.