trending Market Intelligence /marketintelligence/en/news-insights/trending/1uM4atbJ9KOwS7bV0bvq5w2 content esgSubNav
In This List

Pepsico grosses $793.4 million from debt offering

Blog

Europe: 5 key OTT trends to watch in 2022

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud


Pepsico grosses $793.4 million from debt offering

PepsiCo Inc. raised gross proceeds of $793.4 million from an offering of 4.450% senior unsubordinated unsecured notes due April 14, 2046.

The company plans to use the proceeds for general corporate purposes or working capital and redemption or repayment of debt securities.

BNP Paribas Securities Corp., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC were the lead underwriters.

Barclays Capital Inc., BBVA Securities Inc., Goldman Sachs & Co. LLC, ING Financial Markets LLC, Mizuho Securities USA LLC, Siebert Cisneros Shank & Co. L.L.C. and U.S. Bancorp Investments Inc. also served as underwriters for the offering.