PepsiCo Inc, founded in 1965 and headquartered in Purchase, New York, is a global food and beverage leader dedicated to providing consumers with a diverse range of products that promote convenience and taste. The company is best known for its iconic soft drinks, snacks, and nutritious offerings, which include brands like Pepsi, Mountain Dew, Lay's, Gatorade, and Tropicana.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
PepsiCo has a long history of bond issuances, with its first notable issuance occurring in the late 1980s as part of its strategies to raise capital for acquisitions and expansions. Recent significant offerings include a $1 billion bond in 2021, aimed at refinancing existing debt, which featured attractive yields in comparison to industry averages. Currently, PepsiCo’s bond yields remain competitive, reflecting strong credit ratings and investor confidence, while its ability to issue green bonds has also emerged as a noteworthy endeavor in its commitment to sustainability.