Macro Finance
PepsiCo Is Raising €1 Billion a Day After Cutting Profit Outlook
Bloomberg Markets·October 9, 2026·1 min read
PepsiCo Inc. entered Europe’s public bond market on Friday with a €1 billion ($1.12 billion) two-part deal, a day after cutting its profit outlook on mounting costs in North America. The offering marks the company's first euro-denominated issuance this year, according to the statement. Proceeds will fund general corporate purposes, including debt repayment.
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