Keurig Dr Pepper (KDP) has updated its financing plans for the acquisition of JDE Peet’s, raising an additional US$1.5 billion in equity funding. The US$18 billion deal, expected to close in early April 2026, will now be financed with US$9 billion of long-term debt, US$8.5 billion of equity, and the assumption of US$5 billion in existing JDE Peet’s bonds. KDP also announced it is no longer considering a partial public listing of Beverage Co after the merger.
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Keurig Dr Pepper’s JDE Peet’s buyout timeline updated
Keurig Dr Pepper (KDP) has updated its financing plans for the acquisition of JDE Peet’s, raising an additional US$1.5 billion in equity funding. The US$18 billion deal, expected to close in early April 2026, will now be financed with US$9 billion of long-term debt, US$8.5 billion of equity, and the assumption of US$5 billion in existing JDE Peet’s bonds. KDP also announced it is no longer considering a partial public listing of Beverage Co after the merger.