Keurig Dr Pepper Inc. Enters Material Definitive Agreement
Ticker: KDP · Form: 8-K · Filed: Mar 7, 2024 · CIK: 1418135
Sentiment: neutral
Topics: material-agreement, financial-obligation
TL;DR
KDP just signed a big deal and took on debt, more details to come.
AI Summary
On March 7, 2024, Keurig Dr Pepper Inc. entered into a material definitive agreement and created a direct financial obligation. The filing does not provide specific details on the agreement or the financial obligation, but it indicates a significant event for the company's financial structure.
Why It Matters
This filing signals a new material agreement and financial obligation for Keurig Dr Pepper Inc., which could impact its financial health and future operations.
Risk Assessment
Risk Level: medium — The creation of a direct financial obligation suggests potential new debt or financial commitments, which carries inherent risks.
Key Players & Entities
- Keurig Dr Pepper Inc. (company) — Registrant
- March 7, 2024 (date) — Date of Report
FAQ
What is the nature of the material definitive agreement entered into by Keurig Dr Pepper Inc.?
The filing states that Keurig Dr Pepper Inc. entered into a material definitive agreement on March 7, 2024, but does not provide specific details about the agreement itself.
What is the direct financial obligation created by Keurig Dr Pepper Inc.?
The filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement by Keurig Dr Pepper Inc. on March 7, 2024, but does not specify the amount or terms.
When was this Form 8-K filed?
This Form 8-K was filed on March 7, 2024.
What is the principal executive office address for Keurig Dr Pepper Inc.?
The principal executive offices of Keurig Dr Pepper Inc. are located at 53 South Avenue, Burlington, Massachusetts 01803.
What is the Commission File Number for Keurig Dr Pepper Inc.?
The Commission File Number for Keurig Dr Pepper Inc. is 001-33829.
Filing Stats: 1,375 words · 6 min read · ~5 pages · Grade level 9.2 · Accepted 2024-03-07 16:38:54
Key Financial Figures
- $3.0 billion — g Dr Pepper Inc. (the "Company") issued $3.0 billion aggregate principal amount of senior un
- $350.0 million — f senior unsecured notes, consisting of $350.0 million aggregate principal amount of Floating
- $750.0 million — s due 2027 (the "Floating Rate Notes"), $750.0 million aggregate principal amount of 5.100% Se
- $500.0 million — nior Notes due 2029 (the "2029 Notes"), $500.0 million aggregate principal amount of 5.200% Se
- $650.0 million — r Notes due 2031 (the "2031 Notes") and $650.0 million aggregate principal amount of 5.300% Se
Filing Documents
- d767072d8k.htm (8-K) — 33KB
- d767072dex41.htm (EX-4.1) — 359KB
- d767072dex42.htm (EX-4.2) — 418KB
- d767072dex51.htm (EX-5.1) — 19KB
- d767072dex52.htm (EX-5.2) — 48KB
- g767072g0307124111838.jpg (GRAPHIC) — 6KB
- g767072g0307145503240.jpg (GRAPHIC) — 4KB
- g767072g0307165001581.jpg (GRAPHIC) — 3KB
- 0001193125-24-062259.txt ( ) — 1205KB
- kdp-20240307.xsd (EX-101.SCH) — 3KB
- kdp-20240307_lab.xml (EX-101.LAB) — 17KB
- kdp-20240307_pre.xml (EX-101.PRE) — 11KB
- d767072d8k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. KEURIG DR PEPPER INC. By: /s/ Anthony Shoemaker Name: Anthony Shoemaker Title: Chief Legal Officer, General Counsel and Secretary Dated: March 7, 2024