---
schema_version: "secwatch.filing_event.v1"
accession: "0001418135-24-000092"
form_type: "8-K"
ticker: "KDP"
cik: "0001418135"
company_name: "Keurig Dr Pepper Inc."
filed_at: "2024-10-25T23:59:59+00:00"
generated_at: "2026-05-30T10:00:25.892654+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Keurig Dr Pepper enters $1.25B term loan agreement for general corporate purposes

## Summary
- Term loan of $1.25B in two tranches: $1B due Apr 2026, $250M due Feb 2027.
- Interest rate based on SOFR plus 0.100% spread adjustment and margin of 0.875%-1.500%.
- Proceeds may be used for general corporate purposes, including acquisitions.
- Unsecured facility with customary covenants and interest coverage ratio covenant.

## SEC filing metadata
- accession: 0001418135-24-000092
- form_type: 8-K
- ticker: KDP
- cik: 0001418135
- company_name: Keurig Dr Pepper Inc.
- filed_at: 2024-10-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1418135/000141813524000092/0001418135-24-000092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1418135/000141813524000092/kdp-20241025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001418135-24-000092
- JSON: https://secwatch.observer/filing/0001418135-24-000092.json
- Plain text: https://secwatch.observer/filing/0001418135-24-000092.txt

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