Cases & Deals

Deutsche Bank, HSBC Bank, UBS Limited, and BBVA underwrite £500 million public offering by PepsiCo

Clients Deutsche Bank AG, London Branch; HSBC Bank plc; UBS Limited; and Banco Bilbao Vizcaya Argentaria, S.A.

Jones Day advised Deutsche Bank, AG London Branch; HSBC Bank plc; UBS Limited; and Banco Bilbao Vizcaya Argentaria, S.A., as underwriters, in connection with the public offering by PepsiCo, Inc., a leading global food and beverage company, of £500 million (US$791.2 million) of 2.500% Senior Notes due 2022. The Notes are expected to be listed on the NYSE.