PepsiCo, Inc. (the "Company") directed The Bank of New York Mellon, as trustee
(the "Trustee"), to send a notice of redemption on August 14, 2020 to the
registered holders of the Company's outstanding 2.150% Senior Notes due 2020
(CUSIP No. 713448 DC9), originally issued on October 14, 2015 (the "2020
Notes"), notifying such holders that the Company would redeem the 2020 Notes at
a cash redemption price equal to 100% of the principal amount of the outstanding
2020 Notes (the "Redemption Price"), plus accrued and unpaid interest to the
redemption date of September 14, 2020 (the "Redemption Date"). Upon completion
of the redemption, no 2020 Notes will remain outstanding.
Payment of the Redemption Price will be made on or after the Redemption Date
only upon presentation and surrender of the 2020 Notes to the Trustee. Interest
on the 2020 Notes called for redemption will cease to accrue from and after the
Redemption Date. The notice of redemption will be sent to the registered holders
of the 2020 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 2020 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
(d) Exhibits
4.1 Form of 2.150% Senior Note due 2020, which is incorporated herein
by reference to Exhibit 4.3 to PepsiCo's Current Report on Form 8-K
filed with the Securities and Exchange Commission on October 14,
2015.
99.1 Notice of Redemption of 2.150% Senior Notes due 2020.
104 The cover page from this Current Report on Form 8-K, formatted in
Inline XBRL.
PepsiCo, Inc. is one of the worldwide leaders in producing non-alcoholic beverages and snacks. Net sales break down by area of activity as follows:
- North America (60.8%): sale of beverages (49.7% of net sales; sodas, concentrated juices, water, tea and coffee-based beverages; Aquafina, Diet Mountain Dew, Diet Pepsi, Gatorade, Gatorade Zero, Mountain Dew, Pepsi, Propel brands, etc.), snacks (44.7%; chips, tortillas and pretzels; Lay's, Doritos, Tostitos, Cheetos, Fritos, Ruffles, etc.), and cereals (5.6%; ready-to-eat cereals, rice, wheat, etc.);
- Europe (14.5%): sale of snacks (Cheetos, Chipita, Doritos, Lay's, Ruffles and Walkers brands) and beverages (7UP, Diet Pepsi, Lubimy Sad, Mirinda, Pepsi and Pepsi Max);
- Latin America (12.7%): sales of snacks (Cheetos, Doritos, Emperador, Lay's, Mabel, Marias Gamesa, Ruffles, Sabritas, Saladitas and Tostitos brands) and beverages (7UP, Gatorade, H2oh!, Manzanita Sol, Mirinda, Pepsi, Pepsi Black, San Carlos and Toddy)
- Asia/Pacific/Australia/New Zealand (6.7%): sale of snacks (BaiCaoWei, Cheetos, Doritos, Lay's and Smith's brands), beverages and syrups (7UP, Aquafina, Mirinda, Mountain Dew, Pepsi and Sting);
- Africa/Middle East/South Asia (5.3%): sale of snacks (Chipsy, Doritos, Kurkure, Lay's, Sasko, Spekko and White Star brands) and beverages (7UP, Aquafina, Mirinda, Mountain Dew and Pepsi).
Net sales are distributed geographically as follows: the United States (57%), Mexico (7.7%), Canada (4.1%), Russia (3.9%), China (3%), the United Kingdom (2.1%), Brazil (1.9%), South Africa (1.9%) and other (18.4%).
PEPSICO, INC. 
