PepsiCo Inc. raised gross proceeds of $995.8 million from an offering of 2.750% senior unsecured notes due April 30, 2020.

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

Citigroup Global Markets Inc., Merrill Lynch Pierce Fenner & Smith Inc. and Morgan Stanley & Co. LLC were the lead underwriters.

ANZ Securities Inc., Barclays Capital Inc., Goldman Sachs & Co. LLC, Mischler Financial Group Inc., Mizuho Securities USA LLC, RBC Capital Markets LLC, Samuel A. Ramirez & Co. Inc. and UBS Securities LLC also served as underwriters for the offering.