Cases & Deals

BNP Paribas, J.P. Morgan, and Merrill Lynch underwrite $2.5 billion public bond offering by PepsiCo

Clients BNP Paribas Securities Corp.; J.P. Morgan Securities LLC; and Merrill Lynch, Pierce, Fenner & Smith Incorporated

Jones Day advised BNP Paribas Securities Corp.; J.P. Morgan Securities LLC; and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as representatives of the several underwriters, in connection with the public offering by PepsiCo, Inc., a world leader in convenient snacks, foods, and beverages, of $2.5 billion of Senior Notes, consisting of $625 million of Floating Rate Notes due 2016, $625 million of 0.700% Senior Notes due 2016 and $1.25 billion of 2.750% Senior Notes due 2023.