Keurig Dr Pepper Inc. Enters Material Definitive Agreement

TL;DR

KDP just signed a big deal, expect financial moves.

AI Summary

On May 1, 2025, Keurig Dr Pepper Inc. entered into a material definitive agreement, creating a direct financial obligation. The company, incorporated in Delaware with its principal executive offices at 53 South Avenue, Burlington, MA, filed this 8-K report to disclose the event.

Why It Matters

This filing indicates a significant new financial commitment or obligation for Keurig Dr Pepper Inc., which could impact its financial structure and future operations.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements and financial obligations can introduce new risks related to the terms of the agreement and the company's ability to meet its commitments.

Key Players & Entities

• Keurig Dr Pepper Inc. (company) — Registrant
• May 1, 2025 (date) — Date of earliest event reported
• 53 South Avenue, Burlington, Massachusetts 01803 (location) — Principal executive offices
• Delaware (location) — State of incorporation

FAQ

From the Filing

0001193125-25-112841.txt : 20250505 0001193125-25-112841.hdr.sgml : 20250505 20250505164900 ACCESSION NUMBER: 0001193125-25-112841 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 22 CONFORMED PERIOD OF REPORT: 20250501 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250505 DATE AS OF CHANGE: 20250505 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Keurig Dr Pepper Inc. CENTRAL INDEX KEY: 0001418135 STANDARD INDUSTRIAL CLASSIFICATION: BEVERAGES [2080] ORGANIZATION NAME: 04 Manufacturing EIN: 753258232 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33829 FILM NUMBER: 25913720 BUSINESS ADDRESS: STREET 1: 53 SOUTH AVENUE CITY: BURLINGTON STATE: MA ZIP: 01803 BUSINESS PHONE: 781-418-7000 MAIL ADDRESS: STREET 1: 53 SOUTH AVENUE CITY: BURLINGTON STATE: MA ZIP: 01803 FORMER COMPANY: FORMER CONFORMED NAME: Dr Pepper Snapple Group, Inc. DATE OF NAME CHANGE: 20080108 FORMER COMPANY: FORMER CONFORMED NAME: CSAB Inc. DATE OF NAME CHANGE: 20071109 8-K 1 d941579d8k.htm 8-K 8-K false 0001418135 0001418135 2025-05-01 2025-05-01     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): May 1, 2025       Keurig Dr Pepper Inc. (Exact name of registrant as specified in its charter)       Delaware   001-33829   98-0517725 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.) 53 South Avenue , Burlington , Massachusetts 01803 (Address of principal executive offices, including zip code) 781 - 418-7000 (Registrant’s telephone number including area code) Not Applicable (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 (see General Instruction A.2. below):   ☐ 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-14(c) under the Exchange Act (17 CFR 240.13e-14(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Securities registered pursuant to Section 12(b) of the Act:   Title of each class    Trading Symbol    Name of each exchange on which registered Common stock    KDP    Nasdaq Stock Market LLC       Item 1.01. Entry into a Material Definitive Agreement. On May 5, 2025, Keurig Dr Pepper Inc. (the “Company”) issued $2.0 billion aggregate principal amount of senior unsecured notes, consisting of $500.0 million aggregate principal amount of Floating Rate Senior Notes due 2026 (the “Floating Rate Note