News Column

PEPSICO INC FILES (8-K) Disclosing Other Events

July 1, 2014



Item 8.01. Other Events.

Effective June 30, 2014, commitments under the Five-Year Credit Agreement ("Five-Year Credit Agreement"), dated as of June 9, 2014, by and among PepsiCo, Inc. ("PepsiCo"), as borrower, the lenders named therein, and Citibank, N.A., as administrative agent, were increased to $3,772,500,000.

Effective June 30, 2014, commitments under the 364-Day Credit Agreement ("364-Day Credit Agreement"), dated as of June 9, 2014, by and among PepsiCo, as borrower, the lenders named therein, and Citibank, N.A., as administrative agent, were increased to $3,772,500,000.

Funds borrowed under the Five-Year Credit Agreement and the 364-Day Credit Agreement may be used for general corporate purposes of PepsiCo and its subsidiaries. As of the date of this Current Report on Form 8-K, there were no outstanding borrowings under the Five-Year Credit Agreement or the 364-Day Credit Agreement.

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Source: Edgar Glimpses


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