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Keurig Dr Pepper intends to sell senior notes via three bookrunners
By Devika Patel
Knoxville, Tenn., April 7 – Keurig Dr Pepper Inc. plans to price senior notes, according to a 424B3 filed with the Securities and Exchange Commission.
The notes feature a make-whole call and then a par call.
BofA Securities, Inc., Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC are the bookrunners.
Proceeds will be used to repay borrowings under a 2018 credit facility and to repay commercial paper.
The beverage conglomerate is based in Burlington, Mass.
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