1 min read
Add as a preferred source on Google

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.

An unmarked share certificate rests above a vivid red and green surface / TokenPost.ai
An unmarked share certificate rests above a vivid red and green surface / TokenPost.ai

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.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…