secwatch.observer — SEC 8-K summary
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Issuer:     PEPSICO INC (PEP)
CIK:        0000077476
Form:       8-K
Filed at:   2023-05-30T23:59:59+00:00
Accession:  0001104659-23-066134
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PepsiCo upsizes revolving credit facilities to $4.2B each, replacing $3.8B agreements
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- Terminated 2022 364-day and five-year $3.8B unsecured credit facilities; no outstanding borrowings.
- Entered new 364-day $4.2B facility expiring May 24, 2024, and new five-year $4.2B facility expiring May 26, 2028.
- Both facilities allow increase of commitments up to $4.95B with existing or new lender consent.
- Proceeds may be used for general corporate purposes including working capital, investments, and acquisitions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/77476/000110465923066134/0001104659-23-066134-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/77476/000110465923066134/tm2317115d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-066134

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