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PepsiCo discloses results of €500M senior notes offering

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PepsiCo discloses results of €500M senior notes offering

PepsiCo Inc. reported the results of its offering of €500 million aggregate principal amount of 0.875% senior notes due 2039 launched Oct. 8.

The U.S. food and beverage giant received net proceeds of about €495 million, which it plans to use for general corporate purposes.

HSBC Bank plc, Merrill Lynch International and Morgan Stanley & Co. International PLC acted as joint book-running managers for the offering.