Keurig Dr Pepper enters €10.35B term loan facility to fund JDE Peet's acquisition; bridge credit reduced

Keurig Dr Pepper Inc.

364-day term loan facility: up to €10.35B, interest margin EURIBOR + 0.75%-1.75% based on credit ratings.
Bridge Credit Agreement commitments reduced by €10.35B, from €16.2B to €5.85B.
Proceeds will fund the pending acquisition of JDE Peet’s N.V.
Undrawn commitments subject to commitment fee of 0.06%-0.20% p.a. starting Dec 23, 2025.
Mandatory prepayment triggers include net cash proceeds from certain asset sales and debt/equity issuances.

item 1.01 item 2.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Keurig Dr Pepper Inc. amended credit facility of from €16.2 billion to €5.85 billion.

Instrument: credit facility
Principal: from €16.2 billion to €5.85 billion
Event: amendment

Exact text from the filing

lenders’ commitment to provide KDP with financing under a 364-day senior unsecured bridge loan facility was reduced by €10.35 billion, from €16.2 billion to €5.85 billion.

View on SEC.gov

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Keurig Dr Pepper Inc. incurred term loan of €10.35 billion with Morgan Stanley Senior Funding, Inc. at EURIBO rate plus a margin of 0.750% to 1.750% maturing 364-day.

Instrument: term loan
Principal: €10.35 billion
Counterparty: Morgan Stanley Senior Funding, Inc.
Rate: EURIBO rate plus a margin of 0.750% to 1.750%
Maturity: 364-day
Event: incurrence

Exact text from the filing

to provide KDP with financing under a 364-day term loan facility in an aggregate amount not to exceed €10.35 billion.

View on SEC.gov

308 debt financings filed in the last 30 days. Browse all debt financings →

Keurig Dr Pepper Inc. filing history →

Source: SEC EDGAR

accession 0000950142-25-003251

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.