Business in the Burbs

PepsiCo sells $1 billion of notes

February

PepsiCo Inc., the Purchase-based beverage and snack food giant, sold $1 billion of notes as it became the latest major company to raise capital in the credit markets, according to a company filing with the U.S. Securities and Exchange Commission. The 3.75 percent senior notes will mature in 2014. Interest payment dates are scheduled semi-annually on March 1 and Sept. 1, starting on the latter date this year.

This entry was posted on Thursday, February 26th, 2009 at 2:37 pm by Jay Loomis.
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