Coca Cola Oz takes SuperDerivatives
"SuperDerivatives helps us hedge the risk that stems from our extensive production and bottling activities across the Asia/Oceania region more efficiently," said Steve Barraclough, treasury executive of Coca-Cola Amatil. Australian companies will soon have to comply with the IAS 39 accounting standards, he added, so the ability to access "true market prices" is important as it allows the company to mark its hedging portfolio to market using independent rates.
The deal reflects SuperDerivatives’
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