03.10.2016 18:33:00
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PepsiCo, Inc. -- Moody's rates PepsiCo's new notes at A1
New York, October 03, 2016 -- Moody's Investors Service today assigned an A1 rating to PepsiCo, Inc.'s senior unsecured notes in multiple tranches. All other ratings for the company remain unchanged. The outlook is stable. The proceeds will be used for general corporate purposes, including to refinance debt.