PepsiCo Files 8-K on Debt Issuances
Ticker: PEP · Form: 8-K · Filed: 2025-02-07T00:00:00.000Z
Sentiment: neutral
Topics: debt-issuance, financing, notes
Related Tickers: PEP
TL;DR
PepsiCo is issuing a bunch of new debt across various maturities. 📈
AI Summary
On February 7, 2025, PepsiCo Inc. filed an 8-K to report on various debt issuances, including notes due in 2026, 2027, 2028, 2029, 2031, 2032, 2033, 2034, 2039, and 2050. The filing also includes information about its common stock par value. No specific dollar amounts for these issuances were detailed in the provided text.
Why It Matters
This filing indicates PepsiCo is actively managing its debt structure, which can impact its financial leverage and future borrowing costs.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of debt issuances and does not indicate any immediate financial distress or significant operational changes.
Key Players & Entities
- PEPSICO INC (company) — Filer
- 2026 (date) — Maturity date of notes
- 2027 (date) — Maturity date of notes
- 2028 (date) — Maturity date of notes
- 2029 (date) — Maturity date of notes
- 2031 (date) — Maturity date of notes
- 2032 (date) — Maturity date of notes
- 2033 (date) — Maturity date of notes
- 2034 (date) — Maturity date of notes
- 2039 (date) — Maturity date of notes
FAQ
What are the specific interest rates and principal amounts for the notes being issued?
The provided text lists various notes with different maturity dates and coupon rates (e.g., 2.625% due 2026, 0.75% due 2027), but does not specify the principal amounts or the exact terms for each issuance.
What is the purpose of these new debt issuances?
The filing does not explicitly state the purpose of these debt issuances; typically, such filings are for general corporate purposes, refinancing existing debt, or funding operations and investments.
When were these notes issued or when will they be issued?
The filing date is February 7, 2025, and the associated dates for the notes indicate they are either recently issued or being disclosed as part of ongoing debt management.
What is the par value of PepsiCo's common stock?
The filing mentions 'Commonstockparvalue123centspershare', indicating a par value of $0.0123 per share.
Are there any covenants or restrictions associated with these new debt issuances?
The provided text does not detail any specific covenants or restrictions associated with the newly issued notes.
From the Filing
0001104659-25-010578.txt : 20250207 0001104659-25-010578.hdr.sgml : 20250207 20250207163028 ACCESSION NUMBER: 0001104659-25-010578 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 22 CONFORMED PERIOD OF REPORT: 20250207 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250207 DATE AS OF CHANGE: 20250207 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: 25602319 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 tm255549d1_8k.htm FORM 8-K false 0000077476 0000077476 2025-02-07 2025-02-07 0000077476 pep:Commonstockparvalue123centspershareMember 2025-02-07 2025-02-07 0000077476 pep:TwoPointSixTwoFivePercentNotesDue2026Member 2025-02-07 2025-02-07 0000077476 pep:ZeroPointSevenFivePercentNotesDue2027Member 2025-02-07 2025-02-07 0000077476 pep:ZeroPointEightSevenFivePercentNotesDue2028Member 2025-02-07 2025-02-07 0000077476 pep:ZeroPointFivePercentNotesDue2028Member 2025-02-07 2025-02-07 0000077476 pep:ThreePointTwoPercentNotesDue2029Member 2025-02-07 2025-02-07 0000077476 pep:OnePointOneTwoFivePercentNotesDue2031Member 2025-02-07 2025-02-07 0000077476 pep:ZeroPointFourPercentNotesDue2032Member 2025-02-07 2025-02-07 0000077476 pep:ZeroPointSevenFivePercentNotesDue2033Member 2025-02-07 2025-02-07 0000077476 pep:ThreePointFiveFivePercentNotesDue2034Member 2025-02-07 2025-02-07 0000077476 pep:ZeroPointEightSevenFiveNotesDue2039Member 2025-02-07 2025-02-07 0000077476 pep:OnePointZeroFivePercentNotesDue2050Member 2025-02-07 2025-02-07 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 7, 2025       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