PepsiCo Inc. has announced a new debt transaction involving a 364-day credit agreement dated May 23, 2025. The agreement, facilitated by Citibank, N.A. as the administrative agent, includes various banks, financial institutions, and other institutional lenders. PepsiCo has arranged for an aggregate principal amount of up to $5 billion. This credit facility is intended to support PepsiCo's general corporate purposes, including working capital, capital investments, and acquisitions. The agreement demonstrates the lenders' willingness to extend credit to the company under the specified terms and conditions.
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