UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT
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| Item 7.01. | Regulation FD Disclosure. |
PepsiCo, Inc. (the “Company”) directed The Bank of New York Mellon, as trustee (the “Trustee”), to send a notice of redemption on August 6, 2021 to the registered holders of the Company’s outstanding 1.700% Senior Notes due 2021 (CUSIP No. 713448 DL9), originally issued on October 6, 2016 (the “2021 Notes”), notifying such holders that the Company would redeem the 2021 Notes at a cash redemption price equal to 100% of the principal amount of the outstanding 2021 Notes (the “Redemption Price”), plus accrued and unpaid interest to the redemption date of September 6, 2021 (the “Redemption Date”). Upon completion of the redemption, no 2021 Notes will remain outstanding.
Payment of the Redemption Price will be made only upon presentation and surrender of the 2021 Notes to the Trustee. Interest on the 2021 Notes called for redemption will cease to accrue on and after the Redemption Date. The notice of redemption will be sent to the registered holders of the 2021 Notes. A copy of the notice of redemption is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference. A copy of the form of 2021 Note is incorporated into this Current Report on Form 8-K by reference to Exhibit 4.1 hereto.
The information in this Item 7.01, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section and shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, except as otherwise expressly stated in such filing.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
| 4.1 | Form of 1.700% Senior Note due 2021, which is incorporated herein by reference to Exhibit 4.4 to PepsiCo, Inc.’s Current Report on Form 8-K filed with the Securities and Exchange Commission on October 6, 2016. |
| 99.1 | Notice of Redemption of 1.700% Senior Notes due 2021. |
| 104 | The cover page from this Current Report on Form 8-K, formatted in Inline XBRL. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| PEPSICO, INC. |
| Date: August 5, 2021 | By: | /s/ Cynthia A. Nastanski |
| Name: | Cynthia A. Nastanski | |
| Title: | Senior Vice President, Corporate Law and Deputy Corporate Secretary |