PepsiCo has launched a $3.5 billion debt offering divided into four tranches: $750 million in 3-year fixed notes at +33 basis points, $650 million in 5-year fixed notes at +43 basis points, $850 million in 7-year fixed notes at +53 basis points, and $1.25 billion in 10-year fixed notes at +63 basis points. Additionally, the company priced a separate €1 billion debt offering split into €500 million of 12-year bonds at +80 basis points and €500 million of 30-year bonds at +128 basis points. In a strategic move to capitalize on growing health trends, PepsiCo is introducing Pepsi Prebiotic Cola this fall, available in Original Cola and Cherry Vanilla flavors. The new product contains 3 grams of prebiotic fiber, 5 grams of cane sugar, 30 calories, and no artificial sweeteners, representing the company's largest soft drink innovation in over 20 years. Meanwhile, Costco Wholesale is establishing its first Global Capability Center in Hyderabad, India, which will initially employ 1,000 people and is expected to expand over time.
PEPSI TO LAUNCH PREBIOTIC COLA THIS FALL •PepsiCo is introducing Pepsi Prebiotic Cola—available in Original Cola and Cherry Vanilla—with 3 g of prebiotic fiber, 5 g of cane sugar, 30 calories, and no artificial sweeteners, marking its biggest soft drink innovation in over 20
US retail giant Costco to set up global capability centre in India, to employ 1000 people, sources say https://t.co/p9ViyOXY9Z https://t.co/p9ViyOXY9Z
Coca-Cola is taking over at Costco https://t.co/WsGIidgkId