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PepsiCo Is Raising €1 Billion a Day After Cutting Profit Outlook
Source: Bloomberg
Credit & Bond MarketsCorporate Guidance & OutlookCompany Fundamentals
PepsiCo entered Europe’s public bond market with a €1 billion ($1.12 billion) two-part deal on Friday. The issuance followed the company’s profit outlook cut the previous day, attributed to mounting costs in North America.
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