PEPSICO, INC.Terms Agreement • April 28th, 2014 • Pepsico Inc • Beverages • New York
We understand that PepsiCo, Inc., a North Carolina corporation (the “Company”), proposes to issue and sell €500,000,000 of its 1.750% Senior Notes due 2021 (the “2021 Notes”) and €500,000,000 of its 2.625% Senior Notes due 2026 (the “2026 Notes” and, together with the 2021 Notes, the “Underwritten Securities”) subject to the terms and conditions stated herein and in the Underwriting Agreement Standard Provisions dated as of April 23, 2014 attached hereto as Annex A (the “Standard Provisions”). Each of the applicable provisions in the Standard Provisions is incorporated herein by reference in its entirety, and shall be deemed to be a part of this Agreement to the same extent as if such provisions had been set forth in full herein. We, the underwriters named below (the “Underwriters”), offer to purchase, severally and not jointly, the number or amount of Underwritten Securities opposite our names set forth below at a purchase price equal to 99.111% of the principal amount thereof for the
