ACCESSWIRE
08 Oct 2019, 20:05 GMT+10
PepsiCo, Inc.
Pre Stabilisation Notice
NEW YORK, NY / ACCESSWIRE / October 8, 2019 / HSBC (contact: 'synd manager'; telephone: +44 207 992 8066) hereby gives notice, as Stabilisation Coordinator, that the Stabilisation Manager(s) named below may stabilise the offer of the following securities
The securities: | |
Issuer: | PepsiCo, Inc. |
Guarantor (if any): | na |
Aggregate nominal amount: | EUR 500,000,000 |
Description: | Fixed due 17th October 2039 |
Offer price: | TBC |
Other offer terms: | |
Stabilisation: | |
Stabilising Manager(s): | BofAML / HSBC / Morgan Stanley |
Stabilisation period expected to start on: | 8th October 2019 |
Stabilisation period expected to end no later than: | 15th November 2019 |
Existence, maximum size & conditions of use of over-allotment facility[1]: | 5% of the aggregate nominal amount |
Stabilisation Venue(s) | Over the counter (OTC) |
In connection with the offer of the above securities, the Stabilisation Manager(s) may over-allot the securities or effect transactions with a view to supporting the market price of the securities at a level higher than that which might otherwise prevail. However, there is no assurance that the Stabilisation Manager(s) will take any stabilisation action and any stabilisation action, if begun, may be ended at any time. Any stabilisation action or over-allotment shall be conducted in accordance with all applicable laws and rules.
This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.
In addition, if and to the extent that this announcement is communicated in, or the offer of the securities to which it relates is made in, any EEA Member State that has implemented Directive 2003/71/EC, as amended (together with any applicable implementing measures in any Member State, the 'Prospectus Directive') before the publication of a prospectus in relation to the securities which has been approved by the competent authority in that Member State in accordance with the Prospectus Directive (or which has been approved by a competent authority in another Member State and notified to the competent authority in that Member State in accordance with the Prospectus Directive), this announcement and the offer are only addressed to and directed at persons in that Member State who are qualified investors within the meaning of the Prospectus Directive (or who are other persons to whom the offer may lawfully be addressed) and must not be acted on or relied on by other persons in that Member State.
This announcement and the offer of the securities to which it relates are only addressed to and directed at persons outside the United Kingdom and persons in the United Kingdom who have professional experience in matters related to investments or who are high net worth persons within article 12(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and must not be acted on or relied on by other persons in the United Kingdom.
[1] Please note that the existence and the maximum size of any greenshoe option, the exercise period of the greenshoe option and any conditions for exercise of the greenshoe option must also be disclosed, if such option exists. In addition, the exercise of the greenshoe option must be disclosed to the public promptly, together with all appropriate details, including in particular the date of exercise and the number and nature of securities involved
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
SOURCE: PepsiCo, Inc.
Get a daily dose of Pittsburgh Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Pittsburgh Star.
More InformationWASHINGTON, DC The man who struck down three U.S. Capitol Police officers with a fire extinguisher during last week's storming ...
New York City, U.S. President Donald Trump's hometown, says it will cancel all contracts with his business organization because of ...
On January 11, 2021, in his final days before leaving office, Secretary of State Mike Pompeo added one parting blow ...
The Colorado Avalanche scored six power-play goals in an 8-0 onslaught of the visiting St. Louis Blues on Friday night ...
WASHINGTON - Thousands upon thousands of troops are preparing to pour into an increasingly fortified Washington ahead of President-elect Joe ...
Travis Konecny scored three goals and added an assist for his first career hat trick, lifting the host Philadelphia Flyers ...
WASHINGTON, DC The man who struck down three U.S. Capitol Police officers with a fire extinguisher during last week's storming ...
WASHINGTON, DC - A Utah man has been charged with breaking into the U.S. Capitol last week wearing a bullet-proof ...
Provided by Xinhua | &A 6.2-magnitude earthquake has killed 35 people in Indonesia, injuring 637 and displacing around 15,000 people.JAKARTA, ...
Five United Nations peacekeepers lost their lives on Wednesday, 4 in Mali and one in the Central African Republic. 4 ...
BEIJING, China - A team of 10 World Health Organisation (WHO) experts arrived in Wuhan on Thursday to investigate the ...
WASHINGTON, DC - U.S. President Donald Trump on Wednesday became the second U.S. president in history to be impeached.Democrats were ...