secwatch.observer — SEC 8-K summary
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Issuer:     PEPSICO INC (PEP)
CIK:        0000077476
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0001104659-22-116509
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PepsiCo sub PMBC to redeem all 7% notes due 2029 and 5.50% notes due 2035 on Dec 12
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- PMBC, a wholly owned PepsiCo subsidiary, will redeem all outstanding 7% Senior Notes due 2029 (CUSIP 713409 AC4) and 5.50% Notes due 2035 (CUSIP 71343P AC5) on December 12, 2022.
- Redemption price is the greater of 100% of principal or make-whole based on Treasury rate plus 25 bps (2029) or 20 bps (2035), plus accrued interest.
- After redemption, no Notes will remain outstanding.
- Interest ceases to accrue on the Redemption Date; holders must surrender notes to the applicable Paying Agent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/77476/000110465922116509/0001104659-22-116509-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/77476/000110465922116509/tm2229911d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-116509

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