PepsiCo reports plans to conduct offering of fixed-rate senior notes

By Devika Patel

Knoxville, Tenn., April 27 – PepsiCo Inc. plans to price a sale of fixed-rate senior notes, according to a 424B2 filed with the Securities and Exchange Commission.

The notes have a make-whole call and then a par call.

Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are the bookrunners for the offering.

The Purchase, N.Y.-based food and beverage company will use the proceeds for general corporate purposes.

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