Coca-Cola Hellenic Bottling Company, the bottling firm licensed to make Coca-Cola, has made its first foray into the euro-denominated bond markets with a €625m ($527.2m) issue.

Coca-Cola HBC began to sell the bonds, which have a maturity of five years, on Monday via Credit Suisse First Boston, Deutsche Bank and Schroder Salomon Smith Barney. It is expected that a price for the bonds will be set later on Monday afternoon or Tuesday morning.