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Form 8-K · Current Report · Filed 2025-12-19

Keurig Dr Pepper Enters into €10.35 Billion Term Loan Agreement

On December 18, 2025, Keurig Dr Pepper Inc.

Filer
Keurig Dr Pepper Inc. KDP · NASDAQ
Filed
Accession
0000950142-25-003251
CIK
0001418135
Signal
Medium impactConsumer Defensive

Details

entered into a Term Loan Agreement providing up to €10.35 billion. Additionally, the company amended its Bridge Credit Agreement, reducing the lenders' commitment by €10.35 billion. The proceeds from the Term Loan Agreement may be used to fund the acquisition of JDE Peet's.

Items reported

Item 1.01

Entry into a Material Definitive Agreement

Financial Instrument Agreement
Item 2.03

Creation of a Direct Financial Obligation

Term Loan Entered

Market reaction

Close before filing

$28.10

Next session

+0.5%

Since filing

+10.7%

Latest close

$31.12

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from KDP reporting the same item, with the next session's move:

About Keurig Dr Pepper Inc.

Keurig Dr Pepper Inc. is a leading beverage company that operates in the non-alcoholic beverage industry. Formed from the merger of Keurig Green Mountain and Dr Pepper Snapple Group, this company combines a diverse portfolio of hot and cold beverages. Keurig Dr Pepper offers a wide range of products, including carbonated soft drinks, ready-to-drink teas, juice drinks, mixers, and single-serve coffee systems. Brands under its umbrella include household names like Dr Pepper, Snapple, 7UP, and Keurig. With a unique hybrid business model, the company has a strong presence in both the beverage and home coffee brewer markets. It serves a vast market across North America through various distribution channels including retailers, vending machines, and online platforms. Keurig Dr Pepper's innovative product offerings and robust distribution network make it a significant player in the consumer goods sector, influencing beverage consumption trends and taste preferences.

Exchange NASDAQ Industry Beverages - Non-Alcoholic Company website ↗

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