PepsiCo 8-K Details Debt Instruments, Notes Due 2024-2050

TL;DR

**PepsiCo just updated its debt profile, showing various notes due through 2050.**

AI Summary

PepsiCo, Inc. filed an 8-K on January 18, 2024, reporting an event that occurred on January 16, 2024. This filing primarily details various debt instruments, including notes due in 2024, 2026, 2027, 2028, 2029, 2031, 2032, 2033, 2034, 2039, and 2050, with interest rates ranging from 0.25% to 3.55%. This matters to investors because it provides transparency into PepsiCo's current debt structure and financial obligations, which can impact future earnings and the company's ability to invest or return capital to shareholders.

Why It Matters

This filing provides a snapshot of PepsiCo's outstanding debt, which is crucial for assessing the company's financial health and future interest payment obligations. Understanding these liabilities helps investors gauge the company's risk profile and potential for growth.

Risk Assessment

Risk Level: low — This filing is purely informational regarding existing debt instruments and does not indicate new, significant financial risks or changes in company operations.

Analyst Insight

A smart investor would use this information to update their financial models for PepsiCo, specifically noting the upcoming debt maturities and associated interest expenses, to better forecast future cash flows and profitability.

Key Numbers

• 0.25% — Interest Rate (for Zero Point Two Five Percent Notes Due 2024)
• 2.625% — Interest Rate (for Two Point Six Two Five Percent Notes Due 2026)
• 0.75% — Interest Rate (for Zero Point Seven Five Percent Notes Due 2027 and 2033)
• 0.875% — Interest Rate (for Zero Point Eight Seven Five Percent Notes Due 2028 and 2039)
• 0.5% — Interest Rate (for Zero Point Five Percent Notes Due 2028)
• 3.2% — Interest Rate (for Three Point Two Percent Notes Due 2029)
• 1.125% — Interest Rate (for One Point One Two Five Percent Notes Due 2031)
• 0.4% — Interest Rate (for Zero Point Four Percent Notes Due 2032)

Key Players & Entities

• PepsiCo, Inc. (company) — the registrant filing the 8-K
• January 16, 2024 (date) — date of the earliest event reported
• January 18, 2024 (date) — date the 8-K was filed
• 0.25% (dollar_amount) — interest rate for notes due 2024
• 3.55% (dollar_amount) — interest rate for notes due 2034

FAQ

Filing Documents

• pep-20240116.htm (8-K) — 42KB
• 0000077476-24-000003.txt ( ) — 282KB
• pep-20240116.xsd (EX-101.SCH) — 5KB
• pep-20240116_def.xml (EX-101.DEF) — 21KB
• pep-20240116_lab.xml (EX-101.LAB) — 46KB
• pep-20240116_pre.xml (EX-101.PRE) — 22KB
• pep-20240116_htm.xml (XML) — 12KB

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. PEPSICO, INC. Date: January 18, 2024 By: /s/ Cynthia A. Nastanski Name: Cynthia A. Nastanski Title: Senior Vice President, Corporate Law and Deputy Corporate Secretary

View Full Filing

View this 8-K filing on SEC EDGAR