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Business in the Burbs

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PepsiCo sells $1 billion of notes

February
26

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. You can follow any responses to this entry through the RSS 2.0 feed.
Category: Credit

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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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