8-KFinancial EventsExhibits & Filings

PEPSICO INC 8-K Report, Financial Obligation (Jul 25, 2006)

Filed July 25, 2006For Securities:PEP

Summary

PepsiCo, Inc. (PEP) filed an 8-K report on July 25, 2006, disclosing the establishment of a U.S. $2.5 billion Euro Medium Term Note Programme, effective July 21, 2006. This programme allows the company to issue unsecured notes with various terms, currencies, rates, and maturities, subject to agreement with purchasers. The notes are intended for general corporate purposes, unless otherwise specified in a prospectus supplement. It is important to note that the notes are issued under Regulation S and are not registered under the Securities Act of 1933, meaning they cannot be offered or sold in the United States to U.S. persons without registration or an applicable exemption.

Key Highlights

  • 1Establishment of a U.S. $2.5 billion Euro Medium Term Note Programme.
  • 2The programme allows for the issuance of unsecured notes with flexible terms.
  • 3Proceeds from potential note issuances are designated for general corporate purposes.
  • 4Notes will be issued pursuant to Regulation S of the Securities Act of 1933.
  • 5Notes are not registered under the U.S. Securities Act of 1933 and have restrictions on U.S. sales.
  • 6The programme was established via agreements with JPMorgan Chase Bank, N.A. and J.P. Morgan Bank Luxembourg S.A. as agents.
  • 7No notes have been issued under the programme as of the filing date.

Frequently Asked Questions

The primary purpose of this 8-K filing is to announce the establishment of PepsiCo's U.S. $2.5 billion Euro Medium Term Note Programme, which provides a framework for future debt issuances.

The Euro Medium Term Note Programme has a total value of U.S. $2.5 billion.

Proceeds from any notes issued under this programme may be used for general corporate purposes, unless otherwise specified in the applicable prospectus supplement.

No, the notes are issued pursuant to Regulation S and are not registered under the Securities Act of 1933. They cannot be offered or sold in the United States or to U.S. persons unless registered or an exemption applies, making them primarily intended for non-U.S. investors at the time of issuance.