On February 11, 2026, PepsiCo announced the issuance of €500M in Floating Rate Notes, €650M in 3.300% Senior Notes due 2034, €850M in 3.700% Senior Notes due 2038, and €500M in 4.150% Senior Notes due 2047. The total net proceeds of approximately €2.48 billion will be used for general corporate purposes, including repaying commercial paper.