PepsiCo Details Debt Structure with Notes Maturing 2024-2034

Ticker: PEP · Form: 8-K · Filed: 2024-02-16T00:00:00.000Z

Sentiment: neutral

Topics: debt, corporate-finance, fixed-income

TL;DR

**PepsiCo just updated its debt schedule, showing notes maturing from 2024 to 2034 with varying interest rates.**

AI Summary

PepsiCo Inc. filed an 8-K on February 16, 2024, disclosing various debt instruments, including 0.25% Notes Due 2024, 2.625% Notes Due 2026, and 3.55% Notes Due 2034. The filing details the specific interest rates and maturity dates for a range of notes, from 2024 to 2034, indicating the company's current debt structure. This filing is primarily informational, updating the public on the status of these financial instruments.

Why It Matters

This filing provides transparency into PepsiCo's financial obligations, which is crucial for investors to assess the company's liquidity and long-term financial health.

Risk Assessment

Risk Level: low — This 8-K is an informational filing about existing debt instruments and does not indicate new risks or significant changes.

Key Numbers

Key Players & Entities

FAQ

What is the purpose of this 8-K filing by PepsiCo Inc.?

The 8-K filing by PepsiCo Inc. on February 16, 2024, is an informational filing under 'Other Events' and 'Financial Statements and Exhibits' to disclose details about various debt instruments, including their interest rates and maturity dates.

What are some of the specific debt instruments mentioned in the filing?

The filing mentions several debt instruments, including 0.25% Notes Due 2024, 2.625% Notes Due 2026, 0.75% Notes Due 2027, 0.875% Notes Due 2028, 0.5% Notes Due 2028, 3.2% Notes Due 2029, 1.125% Notes Due 2031, 0.4% Notes Due 2032, 0.75% Notes Due 2033, and 3.55% Notes Due 2034.

What is the earliest maturity date for the notes listed in the filing?

The earliest maturity date for the notes listed in the filing is 2024, specifically for the 0.25% Notes Due 2024.

What is the latest maturity date for the notes listed in the filing?

The latest maturity date for the notes listed in the filing is 2034, specifically for the 3.55% Notes Due 2034.

What is PepsiCo Inc.'s Central Index Key (CIK) according to the filing?

PepsiCo Inc.'s Central Index Key (CIK) is 0000077476.

From the Filing

0001104659-24-024927.txt : 20240216 0001104659-24-024927.hdr.sgml : 20240216 20240216163021 ACCESSION NUMBER: 0001104659-24-024927 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 25 CONFORMED PERIOD OF REPORT: 20240216 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240216 DATE AS OF CHANGE: 20240216 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PEPSICO INC CENTRAL INDEX KEY: 0000077476 STANDARD INDUSTRIAL CLASSIFICATION: BEVERAGES [2080] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 131584302 STATE OF INCORPORATION: NC FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-01183 FILM NUMBER: 24648847 BUSINESS ADDRESS: STREET 1: 700 ANDERSON HILL RD CITY: PURCHASE STATE: NY ZIP: 10577 BUSINESS PHONE: 9142532000 MAIL ADDRESS: STREET 1: 700 ANDERSON HILL ROAD CITY: PURCHASE STATE: NY ZIP: 10577-1444 FORMER COMPANY: FORMER CONFORMED NAME: PEPSI COLA CO DATE OF NAME CHANGE: 19700903 8-K 1 tm244508d6_8k.htm FORM 8-K false 0000077476 false false false false 0000077476 2024-02-16 2024-02-16 0000077476 pep:Commonstockparvalue123centspershareMember 2024-02-16 2024-02-16 0000077476 pep:ZeroPointTwoFivePercentNotesDue2024Member 2024-02-16 2024-02-16 0000077476 pep:TwoPointSixTwoFivePercentNotesDue2026Member 2024-02-16 2024-02-16 0000077476 pep:ZeroPointSevenFivePercentNotesDue2027Member 2024-02-16 2024-02-16 0000077476 pep:ZeroPointEightSevenFivePercentNotesDue2028Member 2024-02-16 2024-02-16 0000077476 pep:ZeroPointFivePercentNotesDue2028Member 2024-02-16 2024-02-16 0000077476 pep:ThreePointTwoPercentNotesDue2029Member 2024-02-16 2024-02-16 0000077476 pep:OnePointOneTwoFivePercentNotesDue2031Member 2024-02-16 2024-02-16 0000077476 pep:ZeroPointFourPercentNotesDue2032Member 2024-02-16 2024-02-16 0000077476 pep:ZeroPointSevenFivePercentNotesDue2033Member 2024-02-16 2024-02-16 0000077476 pep:ThreePointFiveFivePercentNotesDue2034Member 2024-02-16 2024-02-16 0000077476 pep:ZeroPointEightSevenFiveNotesDue2039Member 2024-02-16 2024-02-16 0000077476 pep:OnePointZeroFivePercentNotesDue2050Member 2024-02-16 2024-02-16 iso4217:USD xbrli:shares iso4217:USD xbrli:shares       UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549       FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): February 16, 2024       PepsiCo, Inc. (Exact name of registrant as specified in its charter)       North Carolina 1-1183 13-1584302 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)   700 Anderson Hill Road , Purchase , New York 10577 (Address of principal executive offices) (Zip Code)   Registrant’s telephone number, including area code: ( 914 ) 253-2000   N/A (Former name or former address, if changed since last report)       Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))       Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:   Title of each class   Trading Symbol   Name of each exchange on which registered Common Stock, par value 1-2/3 cents per share   PEP   The Nasdaq Stock Market LLC 0.250% Senior Notes due 2024   PEP24   The Nasdaq Stock Market LLC 2.625% Senior Notes due 2026   PEP26   The Nasda

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