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Keurig Dr Pepper Opens $2 Billion Common Stock Offering
Underwriters can buy up to $300 million in additional shares. Net proceeds are intended for a repayment or repurchase of about $2 billion.

Keurig Dr Pepper has opened a $2 billion public sale of common stock, structured as an underwritten offering.
Underwriters may choose to buy as much as $300 million in extra shares. The company plans to direct net proceeds toward a repayment or repurchase valued at about $2 billion.