---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-010578"
form_type: "8-K"
ticker: "PEP"
cik: "0000077476"
company_name: "PEPSICO INC"
filed_at: "2025-02-07T23:59:59+00:00"
generated_at: "2026-05-27T01:14:27.675964+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# PepsiCo issues $3.5B of senior notes across four tranches due 2027-2035

## Summary
- Issued $500M 4.400% notes due 2027, $750M 4.450% notes due 2028, $1B 4.600% notes due 2030, $1.25B 5.000% notes due 2035.
- Net proceeds of approximately $3.483B after underwriting discounts and expenses.
- Proceeds to be used for general corporate purposes, including repayment of commercial paper.
- BNP Paribas, Deutsche Bank, Goldman Sachs, and Morgan Stanley acted as joint book-running managers.
- Notes are unsecured senior obligations ranking equally with existing unsecured senior debt.

## SEC filing metadata
- accession: 0001104659-25-010578
- form_type: 8-K
- ticker: PEP
- cik: 0000077476
- company_name: PEPSICO INC
- filed_at: 2025-02-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/77476/000110465925010578/0001104659-25-010578-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/77476/000110465925010578/tm255549d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-010578
- JSON: https://secwatch.observer/filing/0001104659-25-010578.json
- Plain text: https://secwatch.observer/filing/0001104659-25-010578.txt

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