---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-126214"
form_type: "8-K"
ticker: "KDP"
cik: "0001418135"
company_name: "Keurig Dr Pepper Inc."
filed_at: "2026-03-26T23:59:59+00:00"
generated_at: "2026-05-15T08:48:30.030299+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# KDP subsidiary issues €3.0B and $2.55B in notes to finance JDE Peet's acquisition

## Summary
- Maple Parent Holdings issued €3.0B in euro notes (4 tranches, 3.495%-4.728%) and $2.55B in USD notes (4 tranches, 4.750%-6.625%).
- Proceeds will fund the acquisition of JDE Peet's; notes face special mandatory redemption if deal fails to close by Feb 24, 2027.
- Notes rank equally with unsubordinated debt; initially guaranteed by KDP and its subsidiaries guaranteeing other senior debt.
- Interest rate step-up of 0.25% per rating downgrade (max 2.00% increase) applies on Moody's/S&P downgrades below Baa3/BBB-.
- Issuer may redeem at make-whole premium before par call dates; after, at 100% of principal plus accrued interest.

## SEC filing metadata
- accession: 0001193125-26-126214
- form_type: 8-K
- ticker: KDP
- cik: 0001418135
- company_name: Keurig Dr Pepper Inc.
- filed_at: 2026-03-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1418135/000119312526126214/0001193125-26-126214-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1418135/000119312526126214/d130847d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-126214
- JSON: https://secwatch.observer/filing/0001193125-26-126214.json
- Plain text: https://secwatch.observer/filing/0001193125-26-126214.txt

## Source-grounded claims
- claim_id: 180e3faeb08ab4b741798776a054b88ce6a4fd11
  claim: Keurig Dr Pepper Inc. incurred senior notes of €3.0 billion euro denominated notes and $2.55 billion USD denominated notes with U.S. Bank Trust Company, National Association at 3.495% notes due 2028, 3.881% notes due 2030, 4.224% notes due 2032, 4.728% note maturing 2028 Notes mature on March 26, 2028, 2030 Notes mature on March 26, 2030, 2032 Notes mature on March 26, 2032, 2035 Notes mature on March 26, 2035; USD Notes: 2.
  evidence_excerpt: Maple Parent Holdings Corp. (the "Issuer"), a wholly-owned subsidiary of the Company, completed its previously announced private offerings of €3.0 billion euro denominated notes (the "Euro Notes") and $2.55 billion USD denominated notes (the "USD Notes" and, together with the Euro Notes, the "Notes").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1418135/000119312526126214/0001193125-26-126214-index.htm
- claim_id: bc74a08353b66ba1c91e1fb54226c47062c8ae08
  claim: Keurig Dr Pepper Inc. entered into Indenture for Euro Notes and USD Notes with U.S. Bank Trust Company, National Association valued at Issuance of €3.0 billion Euro Notes and $2.55 billion USD Notes with various interest rates and matu (effective 2026-03-26).
  evidence_excerpt: On March 26, 2026, Keurig Dr Pepper Inc. (the “Company”) announced that Maple Parent Holdings Corp. (the “Issuer”), a wholly-owned subsidiary of the Company, completed its previously announced private offerings of €3.0 billion euro denominated notes (the “Euro Notes”) and $2.55 billion USD denominated notes (the “USD Notes” and, together with the Euro Notes, the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1418135/000119312526126214/0001193125-26-126214-index.htm

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