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This excerpt taken from the PBG 8-K filed Sep 16, 2009. Long-Term
Debt Activities
During the fourth quarter, we issued $1.3 billion in senior
notes with a coupon rate of 6.95 percent, maturing in 2014.
A portion of this debt was used to repay our senior notes due in
2009 at their maturity on February 17, 2009. In the
interim, these proceeds were placed in short-term investments.
In addition, we used a portion of the proceeds to finance the
Lane acquisition and repay short-term commercial paper debt, a
portion of which was used to finance our acquisition of
Lebedyansky.
In addition, during the first quarter of 2009 we issued an
additional $750 million in senior notes, with a coupon rate
of 5.125 percent, maturing in 2019. The net proceeds of the
offering, together with a portion of the proceeds from the
offering of our senior notes issued in the fourth quarter of
2008, were used to repay our senior notes due in 2009, at their
scheduled maturity on February 17, 2009. Any excess
proceeds of this offering will be used for general corporate
purposes. The next significant scheduled debt maturity is not
until 2012.
These excerpts taken from the PBG 10-K filed Feb 20, 2009. Long-Term
Debt Activities
During the fourth quarter, we issued $1.3 billion in senior
notes with a coupon rate of 6.95 percent, maturing in 2014.
A portion of this debt was used to repay our senior notes due in
2009 at their maturity on February 17, 2009. In the
interim, these proceeds were placed in short-term investments.
In addition, we used a portion of the proceeds to finance the
Lane acquisition and repay short-term commercial paper debt, a
portion of which was used to finance our acquisition of
Lebedyansky.
In addition, during the first quarter of 2009 we issued an
additional $750 million in senior notes, with a coupon rate
of 5.125 percent, maturing in 2019. The net proceeds of the
offering, together with a portion of the proceeds from the
offering of our senior notes issued in the fourth quarter of
2008, were used to repay our senior notes due in 2009, at their
scheduled maturity on February 17, 2009. Any excess
proceeds of this offering will be used for general corporate
purposes. The next significant scheduled debt maturity is not
until 2012.
Long-Term Debt Activities During the fourth quarter, we issued $1.3 billion in senior notes with a coupon rate of 6.95 percent, maturing in 2014. A portion of this debt was used to repay our senior notes due in 2009 at their maturity on February 17, 2009. In the interim, these proceeds were placed in short-term investments. In addition, we used a portion of the proceeds to finance the Lane acquisition and repay short-term commercial paper debt, a portion of which was used to finance our acquisition of Lebedyansky. In addition, during the first quarter of 2009 we issued an additional $750 million in senior notes, with a coupon rate of 5.125 percent, maturing in 2019. The net proceeds of the offering, together with a portion of the proceeds from the offering of our senior notes issued in the fourth quarter of 2008, were used to repay our senior notes due in 2009, at their scheduled maturity on February 17, 2009. Any excess proceeds of this offering will be used for general corporate purposes. The next significant scheduled debt maturity is not until 2012. These excerpts taken from the PBG 10-K filed Feb 27, 2008. Long-Term
Debt Activities
We had no significant long-term debt activities during 2007.
On March 30, 2006, Bottling LLC issued $800 million of
5.50% senior notes due 2016 (the “Notes”). The
net proceeds received, after deducting the underwriting discount
and offering expenses, were approximately $793 million. The
net proceeds were used to repay outstanding commercial paper and
the 2.45% senior notes due October of 2006. The Notes are
general unsecured obligations and rank on an equal basis with
all of Bottling LLC’s other existing and future unsecured
indebtedness and are senior to all of Bottling LLC’s future
subordinated indebtedness.
Long-Term Debt Activities We had no significant long-term debt activities during 2007. On March 30, 2006, Bottling LLC issued $800 million of 5.50% senior notes due 2016 (the “Notes”). The net proceeds received, after deducting the underwriting discount and offering expenses, were approximately $793 million. The net proceeds were used to repay outstanding commercial paper and the 2.45% senior notes due October of 2006. The Notes are general unsecured obligations and rank on an equal basis with all of Bottling LLC’s other existing and future unsecured indebtedness and are senior to all of Bottling LLC’s future subordinated indebtedness. | EXCERPTS ON THIS PAGE:
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