Keurig Dr Pepper Inc. has entered into a new financing agreement involving the issuance of $2.0 billion in senior unsecured notes. The issuance includes $500 million in Floating Rate Senior Notes due 2026, and $1.5 billion in Fixed Rate Senior Notes, comprising $500 million each due in 2028, 2030, and 2035. The notes were issued under an indenture agreement with U.S. Bank Trust Company, National Association, as trustee. This move creates a direct financial obligation for the company, enhancing its capital structure and potentially supporting future growth initiatives.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.