---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-022416"
form_type: "8-K"
ticker: "PEP"
cik: "0000077476"
company_name: "PEPSICO INC"
filed_at: "2023-02-15T23:59:59+00:00"
generated_at: "2026-06-19T12:32:49.929375+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# PepsiCo prices $3.0B multi-tranche senior notes offering

## Summary
- Issued $350M floating-rate notes (SOFR+0.40%) due 2026, $500M 4.550% notes due 2026, $650M 4.450% notes due 2028, $1B 4.450% notes due 2033, $500M 4.650% notes due 2053.
- Net proceeds of ~$2.983B from the offering will be used for general corporate purposes, including repayment of commercial paper.
- Notes are unsecured senior obligations ranking equally with PepsiCo's other unsecured senior debt; issued under existing indenture with BNY Mellon as trustee.
- Joint book-running managers: BofA Securities, Citigroup Global Markets, and J.P. Morgan Securities.

## SEC filing metadata
- accession: 0001104659-23-022416
- form_type: 8-K
- ticker: PEP
- cik: 0000077476
- company_name: PEPSICO INC
- filed_at: 2023-02-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/77476/000110465923022416/0001104659-23-022416-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/77476/000110465923022416/tm236760d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-022416
- JSON: https://secwatch.observer/filing/0001104659-23-022416.json
- Plain text: https://secwatch.observer/filing/0001104659-23-022416.txt

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