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PepsiCo intends to conduct Canadian dollar offering of senior notes
By Devika Patel
Knoxville, Tenn., April 27 – PepsiCo Inc. is considering a sale of senior notes denominated in Canadian dollars, according to a 424B2 filed with the Securities and Exchange Commission.
Proceeds will be used for general corporate purposes, including the repayment of commercial paper.
The company also announced an offering of dollar-denominated notes on Thursday via bookrunners Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC.
PepsiCo is a Purchase, N.Y.-based food and beverage company.
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