secwatch.observer — SEC 8-K summary
======================================

Issuer:     PEPSICO INC (PEP)
CIK:        0000077476
Form:       8-K
Filed at:   2022-07-22T23:59:59+00:00
Accession:  0001104659-22-082034
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PepsiCo issues £750M in senior notes; £300M 3.200% notes due 2029 and £450M 3.550% notes due 2034
--------------------------------------------------------------------------------

- Issued £300M of 3.200% Senior Notes due 2029 and £450M of 3.550% Senior Notes due 2034.
- Net proceeds of ~£745M will be used for general corporate purposes, including repaying commercial paper.
- Notes mature July 22, 2029 and July 22, 2034; interest semi-annually on Jan 22 and Jul 22 starting Jan 22, 2023.
- Notes are unsecured, rank equally with other unsecured senior debt; make-whole call at comparable government bond rate plus 20 bps.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/77476/000110465922082034/0001104659-22-082034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/77476/000110465922082034/tm2217640d5_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-082034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer