PepsiCo Files 8-K: Bylaws Amended, Debt Notes Detailed
Ticker: PEP · Form: 8-K · Filed: 2024-09-20T00:00:00.000Z
Sentiment: neutral
Topics: bylaws, debt, filing
Related Tickers: PEP
TL;DR
PepsiCo filed an 8-K on 9/20/24, amending bylaws and detailing various debt notes due between 2026-2034.
AI Summary
On September 20, 2024, PepsiCo Inc. filed an 8-K report detailing amendments to its bylaws and the filing of financial statements and exhibits. The filing also lists various debt instruments, including notes due in 2026, 2027, 2028, 2029, 2031, 2032, 2033, and 2034, with interest rates ranging from 0.4% to 3.55%.
Why It Matters
This filing provides insight into PepsiCo's corporate governance updates and its current debt structure, which can affect its financial leverage and future borrowing capacity.
Risk Assessment
Risk Level: low — The filing is routine and primarily informational, detailing corporate actions and existing debt instruments without indicating new or significant risks.
Key Numbers
- 2026-2034 — Debt Maturity Years (Range of debt note maturity dates)
- 0.4% - 3.55% — Interest Rates (Range of interest rates on various debt notes)
Key Players & Entities
- PEPSICO INC (company) — Filer
- 20240920 (date) — Filing Date
- 0000077476-24-000046 (document_id) — Accession Number
- 2.625% Notes Due 2026 (dollar_amount) — Debt Instrument
- 3.55% Notes Due 2034 (dollar_amount) — Debt Instrument
FAQ
What specific amendments were made to PepsiCo's bylaws?
The filing indicates amendments to Articles of Incorporation or Bylaws were made, but the specific details of these amendments are not provided in the summary information.
What is the total principal amount of the debt instruments listed?
The filing lists various debt instruments with their respective interest rates and maturity dates, but the total principal amounts are not specified in the provided summary.
Are there any new debt issuances mentioned in this filing?
The filing lists existing debt instruments with specific maturity dates and interest rates, but it does not explicitly state whether these are new issuances or existing ones being reported.
What is the purpose of filing financial statements and exhibits with this 8-K?
The filing indicates that financial statements and exhibits are being filed as part of this 8-K, which is a standard procedure for certain corporate events or disclosures, but the specific reason is not detailed here.
What is the significance of the different note maturity dates (2026-2034)?
The range of maturity dates indicates PepsiCo's debt obligations are spread over a significant period, suggesting a strategy for managing its long-term capital structure and refinancing needs.
From the Filing
0000077476-24-000046.txt : 20240920 0000077476-24-000046.hdr.sgml : 20240920 20240920163609 ACCESSION NUMBER: 0000077476-24-000046 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20240920 ITEM INFORMATION: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240920 DATE AS OF CHANGE: 20240920 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: 1228 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-01183 FILM NUMBER: 241313829 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 pep-20240920.htm 8-K pep-20240920 0000077476 false 12/28 0000077476 2024-09-20 2024-09-20 0000077476 us-gaap:CommonStockMember 2024-09-20 2024-09-20 0000077476 pep:TwoPointSixTwoFivePercentNotesDue2026Member 2024-09-20 2024-09-20 0000077476 pep:ZeroPointSevenFivePercentNotesDue2027Member 2024-09-20 2024-09-20 0000077476 pep:ZeroPointEightSevenFivePercentNotesDue2028Member 2024-09-20 2024-09-20 0000077476 pep:ZeroPointFivePercentNotesDue2028Member 2024-09-20 2024-09-20 0000077476 pep:ThreePointTwoPercentNotesDue2029Member 2024-09-20 2024-09-20 0000077476 pep:OnePointOneTwoFivePercentNotesDue2031Member 2024-09-20 2024-09-20 0000077476 pep:ZeroPointFourPercentNotesDue2032Member 2024-09-20 2024-09-20 0000077476 pep:ZeroPointSevenFivePercentNotesDue2033Member 2024-09-20 2024-09-20 0000077476 pep:ThreePointFiveFivePercentNotesDue2034Member 2024-09-20 2024-09-20 0000077476 pep:ZeroPointEightSevenFiveNotesDue2039Member 2024-09-20 2024-09-20 0000077476 pep:OnePointZeroFivePercentNotesDue2050Member 2024-09-20 2024-09-20 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 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): September 20, 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 and 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: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ 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 2.625% Senior Notes due 2026 PEP26 The Nasdaq Stock Market LLC 0.750% Senior Notes due 2027 PEP27 The Nasdaq Stock Market LLC 0.875% Senior Notes due 2028 PEP28 The Nasdaq Stock Market LLC 0.500% Senior Notes due 2028 PEP28A The Nasdaq Stock Market LLC 3.200% Senior Notes due 2029 PEP29 The Nasdaq Stock Market LLC 1.125% Senior Notes due 2031 PEP31 The