PepsiCo Inc. has announced a debt offering consisting of multiple senior notes issuances. The company is offering $750,000,000 in 4.100% Senior Notes due January 15, 2029, $650,000,000 in 4.300% Senior Notes due July 23, 2030, $850,000,000 in 4.650% Senior Notes due July 23, 2032, and $1,250,000,000 in 5.000% Senior Notes due July 23, 2035. The net proceeds from these offerings, which amount to approximately $3,484 million after deductions, will be used for general corporate purposes, including the repayment of commercial paper.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.