Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Pepsi Said to Plan Benchmark Bond Deal With Floating-Rate Notes

PepsiCo Inc. plans to sell bonds in a benchmark offering that may include floating-rate debt.

The world’s largest snack-food maker may issue three-year notes with a coupon linked to the London interbank offered rate, fixed-rate debt with a similar maturity, or a combination of the two, according to a person familiar with the transaction. The offering may also include 10-year bonds, said the person, who asked not to be identified, citing lack of authorization to speak publicly.

Proceeds will be used for general corporate purposes, the Purchase, New York-based company said today in a regulatory filing. Libor, the rate at which banks say they can borrow from one another, is the standard for about $360 trillion of financial products. Benchmark offerings are typically at least $500 million.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.