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.