Keurig Dr Pepper Inc. Enters Material Definitive Agreement
Ticker: KDP · Form: 8-K · Filed: Dec 19, 2025 · CIK: 1418135
| Field | Detail |
|---|---|
| Company | Keurig Dr Pepper INC. (KDP) |
| Form Type | 8-K |
| Filed Date | Dec 19, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation
TL;DR
KDP signed a big deal, creating new financial obligations. Details in the filing.
AI Summary
On December 18, 2025, Keurig Dr Pepper Inc. entered into a material definitive agreement, which also created a direct financial obligation for the registrant. The filing details this agreement and related financial obligations, with exhibits provided for further information.
Why It Matters
This filing indicates a significant new financial commitment or partnership for Keurig Dr Pepper Inc., which could impact its future operations and financial performance.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and financial obligations can introduce new risks related to the terms of the agreement, market conditions, and integration.
Key Players & Entities
- Keurig Dr Pepper Inc. (company) — Registrant
- December 18, 2025 (date) — Date of earliest event reported
FAQ
What type of material definitive agreement did Keurig Dr Pepper Inc. enter into?
The filing states that Keurig Dr Pepper Inc. entered into a material definitive agreement, but the specific nature of the agreement is not detailed in the provided text.
What is the nature of the direct financial obligation created for Keurig Dr Pepper Inc.?
The filing indicates the creation of a direct financial obligation, but the specific details of this obligation are not provided in the excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on December 18, 2025.
What is the SEC file number for Keurig Dr Pepper Inc.'s 8-K filing?
The SEC file number for Keurig Dr Pepper Inc.'s 8-K filing is 001-33829.
What is the principal business address of Keurig Dr Pepper Inc.?
The principal business address of Keurig Dr Pepper Inc. is 53 South Avenue, Burlington, Massachusetts 01803.
Filing Stats: 1,094 words · 4 min read · ~4 pages · Grade level 11.3 · Accepted 2025-12-19 16:11:10
Filing Documents
- eh250718644_8k.htm (8-K) — 32KB
- eh250718644_ex1001.htm (EX-10.1) — 627KB
- eh250718644_ex1002.htm (EX-10.2) — 668KB
- logo.jpg (GRAPHIC) — 4KB
- 0000950142-25-003251.txt ( ) — 1793KB
- kdp-20251218.xsd (EX-101.SCH) — 3KB
- kdp-20251218_lab.xml (EX-101.LAB) — 33KB
- kdp-20251218_pre.xml (EX-101.PRE) — 22KB
- eh250718644_8k_htm.xml (XML) — 3KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement Term Loan Agreement On December 18, 2025, Keurig Dr Pepper Inc. (" KDP " or the " Company ") entered into a Term Loan Agreement (the " Term Loan Agreement "), with the lenders party thereto and Morgan Stanley Senior Funding, Inc. (" MSSF "), as administrative agent, pursuant to which each lender has committed, subject to satisfaction of certain conditions set forth in the Term Loan Agreement, to provide KDP with financing under a 364-day term loan facility in an aggregate amount not to exceed 10.35 billion. Borrowings under the Term Loan Agreement will bear interest at a rate per annum equal to the EURIBO rate plus a margin of 0.750% to 1.750% depending on the rating of certain index debt of KDP. The undrawn commitments under the term loan facility will be subject to a commitment fee commencing on December 23, 2025 at a per annum rate of 0.060% to 0.200% depending on the rating of certain index debt of KDP. Obligations under the Term Loan Agreement are guaranteed by the Company's subsidiaries that guarantee its revolving credit facility and outstanding senior notes. The commitments under the Term Loan Agreement will be mandatorily reduced, or the term loans will be prepaid, with net cash proceeds of non-ordinary course asset sales and certain debt issuances and equity issuances, subject to qualifications and exceptions specified in the Term Loan Agreement. The Term Loan Agreement contains customary representations and warranties for investment grade Dutch certain funds financings. The Term Loan Agreement also contains (i) certain affirmative covenants, including those that impose reporting and/or operating obligations on the Company and its subsidiaries, (ii) certain negative covenants that generally limit, subject to exceptions, the Company and its subsidiaries from taking certain actions, including incurring liens and consummating certain fundamental changes, (iii) financial covenants in the form of (x) a
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Document Description 10.1 Term Loan Agreement, dated as of December 18, 2025, among Keurig Dr Pepper Inc., as borrower, Morgan Stanley Senior Funding, Inc., as administrative agent, and the lenders from time to time party thereto 10.2 Amendment No. 1 to Bridge Credit Agreement, dated as of December 18, 2025, among Keurig Dr Pepper Inc., as borrower, Morgan Stanley Senior Funding, Inc., as administrative agent, and the lenders from time to time party thereto 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. SIGNATURE 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. Dated: December 19, 2025 By: /s/ Anthony Shoemaker Name: Anthony Shoemaker Title: Chief Legal Officer, General Counsel and Secretary