trending Market Intelligence /marketintelligence/en/news-insights/trending/PJ5uoFhirCIv10d03KCugQ2 content esgSubNav
In This List

Pepsico grosses $1.50 billion from debt offering

Case Study

An Investment Manager Discovers an Efficient Way to Identify Valuable Data

Blog

Insight Weekly: US stock performance; banks' M&A risk; COVID-19 vaccine makers' earnings

451 Research Podcast

Next in Tech | Episode 42: AI/ML Infrastructure

Blog

Automating Credit Risk Surveillance Using Statistical Models


Pepsico grosses $1.50 billion from debt offering

PepsiCo Inc. raised gross proceeds of $1.50 billion from an offering of 3% senior unsecured notes due Oct. 15, 2027.

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

ANZ Securities Inc., Barclays Capital Inc., BNY Mellon Capital Markets LLC, Drexel Hamilton LLC, HSBC Securities (USA) Inc., ING Financial Markets LLC, Loop Capital Markets LLC, Mizuho Securities USA LLC, Williams Capital Group LP, U.S. Bancorp Investments Inc. and UBS Securities LLC also served as underwriters for the offering.