---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-126298"
form_type: "8-K"
ticker: "PEP"
cik: "0000077476"
company_name: "PEPSICO INC"
filed_at: "2022-12-12T23:59:59+00:00"
generated_at: "2026-06-21T06:29:57.800377+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# PepsiCo defeases ten series of legacy Quaker Oats notes with cash and U.S. government securities

## Summary
- Deposited funds sufficient to pay principal and interest on 10 Notes maturing 2023-2026, with coupons from 6.79% to 7.77%.
- Defeasance effective April 12, 2023; outstanding obligations under the Indenture will be discharged.
- Transaction expected to be treated as a taxable exchange for U.S. federal income tax purposes.
- Notes were originally issued by The Quaker Oats Company; PepsiCo succeeded as obligor under the Indenture.

## SEC filing metadata
- accession: 0001104659-22-126298
- form_type: 8-K
- ticker: PEP
- cik: 0000077476
- company_name: PEPSICO INC
- filed_at: 2022-12-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/77476/000110465922126298/0001104659-22-126298-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/77476/000110465922126298/tm2232006d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-126298
- JSON: https://secwatch.observer/filing/0001104659-22-126298.json
- Plain text: https://secwatch.observer/filing/0001104659-22-126298.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.