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KDP · Keurig Dr Pepper Inc. · Debt

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Market Cap
$47.62B
Shares
1.36B
Volume · Oct 27 10.22M Avg daily vol (3M) 11.7M

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balanceAs ofAmountSource
Current debt and lease obligations 2026-06-30 USD 8,394,000,000 10-Q filed 2026-08-10
Current portion of long-term debt 2026-06-30 USD 3,231,000,000 10-Q filed 2026-08-10
Finance lease liabilities 2026-06-30 USD 1,026,000,000 10-Q filed 2026-08-10
Related accounting measures — not additional borrowing

Carrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.

Current finance lease liabilities
USD 191,000,000
Noncurrent finance lease liabilities
USD 835,000,000
Noncurrent debt carrying amount 2026-06-30 USD 21,586,000,000 10-Q filed 2026-08-10
Operating lease liabilities 2026-06-30 USD 1,161,000,000 10-Q filed 2026-08-10
Related accounting measures — not additional borrowing

Carrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.

Current operating lease liabilities
USD 210,000,000
Noncurrent operating lease liabilities
USD 951,000,000
2 filing observations remain unmatched and are excluded from instrument histories.
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.
2 filings have incomplete source or extraction coverage. Verified observations are shown; missing observations do not establish that debt was unchanged. 1 legal exhibit was not safely readable, so covenant coverage is incomplete.

Covenants

Some sections could not be verified in 1 agreement document. Other restrictions or tests may apply.

Verified tests, triggers and restrictions appear with each agreement below. A verified term does not establish current compliance.

Loans, facilities and notes

3.495% Senior Notes due 2028

Note · Maple Parent Holdings Corp.

Reference: 3.495% Senior Notes due 2028

Active
Original principal
EUR 600,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
—

Last reported interest terms: 3.495% Reported 2026-03-26 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2026-03-26 Original principal EUR 600,000,000 Exact source document Parent 8-K filing · 2026-03-26
    The Issuer, the Guarantors, and the Representatives are parties to the Purchase Agreement dated March 12, 2026 (the “Purchase Agreement”), which provides for the sale by the Issuer to the Initial Purchasers of €600 million aggregate principal amount of its 3.495% Senior Notes due 2028, €800 million aggregate principal amount of its 3.881% Senior Notes due 2030, €800 million aggregate principal amount of its 4.224% Senior Notes due 2032 and €800 million aggregate principal amount of its 4.728% Senior Notes due 2035 (collectively, the “Securities”), which will be fully and unconditionally guaranteed on a senior unsecured basis, jointly and severally, by each Guarantor pursuant to the terms of the Indenture (as defined below).
    Issuer evidence: This REGISTRATION RIGHTS AGREEMENT dated March 26, 2026 (this “Agreement”) is entered into by and among Maple Parent Holdings Corp., a Delaware corporation (the “Issuer”), Keurig Dr Pepper Inc., a Delaware corporation (“KDP Parent”), as guarantor, the other guarantors listed in Schedule III to the Purchase Agreement (as defined below) (together with KDP Parent, the “Guarantors”), Morgan Stanley & Co. International plc, Goldman Sachs & Co. LLC and J.P. Morgan Securities plc as representatives (the “Representatives”) of the initial purchasers listed in Schedule II to the Purchase Agreement (the “Initial Purchasers”).
    Supporting evidence: The Issuer, the Guarantors, and the Representatives are parties to the Purchase Agreement dated March 12, 2026 (the “Purchase Agreement”), which provides for the sale by the Issuer to the Initial Purchasers of €600 million aggregate principal amount of its 3.495% Senior Notes due 2028, €800 million aggregate principal amount of its 3.881% Senior Notes due 2030, €800 million aggregate principal amount of its 4.224% Senior Notes due 2032 and €800 million aggregate principal amount of its 4.728% Senior Notes due 2035 (collectively, the “Securities”), which will be fully and unconditionally guaranteed on a senior unsecured basis, jointly and severally, by each Guarantor pursuant to the terms of the Indenture (as defined below).

3.881% Senior Notes due 2030

Note · Maple Parent Holdings Corp.

Reference: 3.881% Senior Notes due 2030

Active
Original principal
EUR 800,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
—

Last reported interest terms: 3.881% Reported 2026-03-26 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2026-03-26 Original principal EUR 800,000,000 Exact source document Parent 8-K filing · 2026-03-26
    The Issuer, the Guarantors, and the Representatives are parties to the Purchase Agreement dated March 12, 2026 (the “Purchase Agreement”), which provides for the sale by the Issuer to the Initial Purchasers of €600 million aggregate principal amount of its 3.495% Senior Notes due 2028, €800 million aggregate principal amount of its 3.881% Senior Notes due 2030, €800 million aggregate principal amount of its 4.224% Senior Notes due 2032 and €800 million aggregate principal amount of its 4.728% Senior Notes due 2035 (collectively, the “Securities”), which will be fully and unconditionally guaranteed on a senior unsecured basis, jointly and severally, by each Guarantor pursuant to the terms of the Indenture (as defined below).
    Issuer evidence: This REGISTRATION RIGHTS AGREEMENT dated March 26, 2026 (this “Agreement”) is entered into by and among Maple Parent Holdings Corp., a Delaware corporation (the “Issuer”), Keurig Dr Pepper Inc., a Delaware corporation (“KDP Parent”), as guarantor, the other guarantors listed in Schedule III to the Purchase Agreement (as defined below) (together with KDP Parent, the “Guarantors”), Morgan Stanley & Co. International plc, Goldman Sachs & Co. LLC and J.P. Morgan Securities plc as representatives (the “Representatives”) of the initial purchasers listed in Schedule II to the Purchase Agreement (the “Initial Purchasers”).
    Supporting evidence: The Issuer, the Guarantors, and the Representatives are parties to the Purchase Agreement dated March 12, 2026 (the “Purchase Agreement”), which provides for the sale by the Issuer to the Initial Purchasers of €600 million aggregate principal amount of its 3.495% Senior Notes due 2028, €800 million aggregate principal amount of its 3.881% Senior Notes due 2030, €800 million aggregate principal amount of its 4.224% Senior Notes due 2032 and €800 million aggregate principal amount of its 4.728% Senior Notes due 2035 (collectively, the “Securities”), which will be fully and unconditionally guaranteed on a senior unsecured basis, jointly and severally, by each Guarantor pursuant to the terms of the Indenture (as defined below).

4.224% Senior Notes due 2032

Note · Maple Parent Holdings Corp.

Reference: 4.224% Senior Notes due 2032

Active
Original principal
EUR 800,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
—

Last reported interest terms: 4.224% Reported 2026-03-26 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2026-03-26 Original principal EUR 800,000,000 Exact source document Parent 8-K filing · 2026-03-26
    The Issuer, the Guarantors, and the Representatives are parties to the Purchase Agreement dated March 12, 2026 (the “Purchase Agreement”), which provides for the sale by the Issuer to the Initial Purchasers of €600 million aggregate principal amount of its 3.495% Senior Notes due 2028, €800 million aggregate principal amount of its 3.881% Senior Notes due 2030, €800 million aggregate principal amount of its 4.224% Senior Notes due 2032 and €800 million aggregate principal amount of its 4.728% Senior Notes due 2035 (collectively, the “Securities”), which will be fully and unconditionally guaranteed on a senior unsecured basis, jointly and severally, by each Guarantor pursuant to the terms of the Indenture (as defined below).
    Issuer evidence: This REGISTRATION RIGHTS AGREEMENT dated March 26, 2026 (this “Agreement”) is entered into by and among Maple Parent Holdings Corp., a Delaware corporation (the “Issuer”), Keurig Dr Pepper Inc., a Delaware corporation (“KDP Parent”), as guarantor, the other guarantors listed in Schedule III to the Purchase Agreement (as defined below) (together with KDP Parent, the “Guarantors”), Morgan Stanley & Co. International plc, Goldman Sachs & Co. LLC and J.P. Morgan Securities plc as representatives (the “Representatives”) of the initial purchasers listed in Schedule II to the Purchase Agreement (the “Initial Purchasers”).
    Supporting evidence: The Issuer, the Guarantors, and the Representatives are parties to the Purchase Agreement dated March 12, 2026 (the “Purchase Agreement”), which provides for the sale by the Issuer to the Initial Purchasers of €600 million aggregate principal amount of its 3.495% Senior Notes due 2028, €800 million aggregate principal amount of its 3.881% Senior Notes due 2030, €800 million aggregate principal amount of its 4.224% Senior Notes due 2032 and €800 million aggregate principal amount of its 4.728% Senior Notes due 2035 (collectively, the “Securities”), which will be fully and unconditionally guaranteed on a senior unsecured basis, jointly and severally, by each Guarantor pursuant to the terms of the Indenture (as defined below).

4.728% Senior Notes due 2035

Note · Maple Parent Holdings Corp.

Reference: 4.728% Senior Notes due 2035

Active
Original principal
EUR 800,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
—

Last reported interest terms: 4.728% Reported 2026-03-26 Later filings may not restate these terms; this does not confirm they still apply.

Verified covenant terms

  • 4 · Change of Control Triggering Event each Holder of the Notes shall have the right to require the Company to repurchase all or any part (equal to an integral multiple of €1,000) of such Holder's Notes at an offer price in cash equal to 101% of the aggregate principal amount of such Notes plus accrued and unpaid interest thereon, if any, to the date of repurchase Springing Trigger: the occurrence of a Change of Control Triggering Event Exceptions: unless all Notes have been called for redemption pursuant to paragraph 2 of this Note 4.728% SENIOR NOTES DUE 2035
    Full wording and supporting evidence
    Source evidence: 4. Upon the occurrence of a Change of Control Triggering Event, unless all Notes have been called for redemption pursuant to paragraph 2 of this Note, each Holder of the Notes shall have the right to require the Company to repurchase all or any part (equal to an integral multiple of €1,000) of such Holder's Notes at an offer price in cash equal to 101% of the aggregate principal amount of such Notes plus accrued and unpaid interest thereon, if any, to the date of repurchase. "Change of Control Triggering Event" means the occurrence of both a Change of Control and a Rating Event, as such terms are defined in the Indenture. The Change of Control Offer will be made in accordance with the terms specified in the Indenture.
    Target identity evidence: MAPLE PARENT HOLDINGS CORP., a Delaware corporation (herein called the "Company"), for value received, hereby promises to pay to USB Nominees (UK) Limited, or its registered assigns, the principal sum of ___________ EURO or such other Principal Amount as shall be set forth on Schedule I hereto on March 26, 2035 and to pay interest thereon at the rate of 4.728% per annum
    Target identity evidence: This FIRST SUPPLEMENTAL INDENTURE (this "First Supplemental Indenture"), dated as of March 26, 2026, among MAPLE PARENT HOLDINGS CORP., a Delaware corporation (the "Company" or the "Issuer")
    Target identity evidence: This Note is one of a duly authorized issue of securities of the Company designated as its 4.728% Senior Notes due 2035 (the "Notes")
  • 6 · Event of Default the principal of the Notes may be declared due and payable in the manner and with the effect provided in the Indenture Springing Trigger: an Event of Default with respect to the Notes shall occur and be continuing 4.728% SENIOR NOTES DUE 2035
    Full wording and supporting evidence
    Source evidence: 6. If an Event of Default with respect to the Notes shall occur and be continuing, the principal of the Notes may be declared due and payable in the manner and with the effect provided in the Indenture.
    Target identity evidence: MAPLE PARENT HOLDINGS CORP., a Delaware corporation (herein called the "Company"), for value received, hereby promises to pay to USB Nominees (UK) Limited, or its registered assigns, the principal sum of ___________ EURO or such other Principal Amount as shall be set forth on Schedule I hereto on March 26, 2035 and to pay interest thereon at the rate of 4.728% per annum
    Target identity evidence: This FIRST SUPPLEMENTAL INDENTURE (this "First Supplemental Indenture"), dated as of March 26, 2026, among MAPLE PARENT HOLDINGS CORP., a Delaware corporation (the "Company" or the "Issuer")
    Target identity evidence: This Note is one of a duly authorized issue of securities of the Company designated as its 4.728% Senior Notes due 2035 (the "Notes")
  • 3 · Special Mandatory Redemption the Company shall redeem the outstanding Notes on the Special Mandatory Redemption Date at the Special Mandatory Redemption Price Springing Trigger: a Special Mandatory Redemption Event occurs 4.728% SENIOR NOTES DUE 2035
    Full wording and supporting evidence
    Source evidence: 3. If a Special Mandatory Redemption Event occurs, then the Company shall redeem the outstanding Notes on the Special Mandatory Redemption Date at the Special Mandatory Redemption Price. The Company may redeem all, but not part, of the Notes upon the occurrence of specified tax events as described in the First Supplemental Indenture.
    Target identity evidence: MAPLE PARENT HOLDINGS CORP., a Delaware corporation (herein called the "Company"), for value received, hereby promises to pay to USB Nominees (UK) Limited, or its registered assigns, the principal sum of ___________ EURO or such other Principal Amount as shall be set forth on Schedule I hereto on March 26, 2035 and to pay interest thereon at the rate of 4.728% per annum
    Target identity evidence: This FIRST SUPPLEMENTAL INDENTURE (this "First Supplemental Indenture"), dated as of March 26, 2026, among MAPLE PARENT HOLDINGS CORP., a Delaware corporation (the "Company" or the "Issuer")
    Target identity evidence: This Note is one of a duly authorized issue of securities of the Company designated as its 4.728% Senior Notes due 2035 (the "Notes")
Documents and filing history
  1. Issuance · 2026-03-26 Original principal EUR 800,000,000 Exact source document Parent 8-K filing · 2026-03-26
    The Issuer, the Guarantors, and the Representatives are parties to the Purchase Agreement dated March 12, 2026 (the “Purchase Agreement”), which provides for the sale by the Issuer to the Initial Purchasers of €600 million aggregate principal amount of its 3.495% Senior Notes due 2028, €800 million aggregate principal amount of its 3.881% Senior Notes due 2030, €800 million aggregate principal amount of its 4.224% Senior Notes due 2032 and €800 million aggregate principal amount of its 4.728% Senior Notes due 2035 (collectively, the “Securities”), which will be fully and unconditionally guaranteed on a senior unsecured basis, jointly and severally, by each Guarantor pursuant to the terms of the Indenture (as defined below).
    Issuer evidence: This REGISTRATION RIGHTS AGREEMENT dated March 26, 2026 (this “Agreement”) is entered into by and among Maple Parent Holdings Corp., a Delaware corporation (the “Issuer”), Keurig Dr Pepper Inc., a Delaware corporation (“KDP Parent”), as guarantor, the other guarantors listed in Schedule III to the Purchase Agreement (as defined below) (together with KDP Parent, the “Guarantors”), Morgan Stanley & Co. International plc, Goldman Sachs & Co. LLC and J.P. Morgan Securities plc as representatives (the “Representatives”) of the initial purchasers listed in Schedule II to the Purchase Agreement (the “Initial Purchasers”).
    Supporting evidence: The Issuer, the Guarantors, and the Representatives are parties to the Purchase Agreement dated March 12, 2026 (the “Purchase Agreement”), which provides for the sale by the Issuer to the Initial Purchasers of €600 million aggregate principal amount of its 3.495% Senior Notes due 2028, €800 million aggregate principal amount of its 3.881% Senior Notes due 2030, €800 million aggregate principal amount of its 4.224% Senior Notes due 2032 and €800 million aggregate principal amount of its 4.728% Senior Notes due 2035 (collectively, the “Securities”), which will be fully and unconditionally guaranteed on a senior unsecured basis, jointly and severally, by each Guarantor pursuant to the terms of the Indenture (as defined below).

4.750% Senior Notes due 2029

Note · Maple Parent Holdings Corp.

Reference: 4.750% Senior Notes due 2029

Active
Original principal
USD 550,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
—

Last reported interest terms: 4.75% Reported 2026-03-26 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2026-03-26 Original principal USD 550,000,000 Exact source document Parent 8-K filing · 2026-03-26
    The Issuer, the Guarantors, and the Representatives are parties to the Purchase Agreement dated March 12, 2026 (the “Purchase Agreement”), which provides for the sale by the Issuer to the Initial Purchasers of $550 million aggregate principal amount of its 4.750% Senior Notes due 2029, $600 million aggregate principal amount of its 5.050% Senior Notes due 2031, $700 million aggregate principal amount of its 5.700% Senior Notes due 2036 and $700 million aggregate principal amount of its 6.625% Senior Notes due 2056 (collectively, the “Securities”), which will be fully and unconditionally guaranteed on a senior unsecured basis, jointly and severally, by each Guarantor pursuant to the terms of the Indenture (as defined below). Immediately upon the Separation (as defined below), the Guarantees of KDP Parent and the KDP Guarantors will be automatically released and discharged pursuant to the terms of the Indenture.
    Issuer evidence: This REGISTRATION RIGHTS AGREEMENT dated March 26, 2026 (this “Agreement”) is entered into by and among Maple Parent Holdings Corp., a Delaware corporation (the “Issuer”), Keurig Dr Pepper Inc., a Delaware corporation (“KDP Parent”), as guarantor, the other guarantors listed in Schedule III to the Purchase Agreement (as defined below) (together with KDP Parent, the “Guarantors”), Morgan Stanley & Co. LLC, Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC as representatives (the “Representatives”) of the initial purchasers listed in Schedule II to the Purchase Agreement (the “Initial Purchasers”).
    Supporting evidence: The Issuer, the Guarantors, and the Representatives are parties to the Purchase Agreement dated March 12, 2026 (the “Purchase Agreement”), which provides for the sale by the Issuer to the Initial Purchasers of $550 million aggregate principal amount of its 4.750% Senior Notes due 2029, $600 million aggregate principal amount of its 5.050% Senior Notes due 2031, $700 million aggregate principal amount of its 5.700% Senior Notes due 2036 and $700 million aggregate principal amount of its 6.625% Senior Notes due 2056 (collectively, the “Securities”), which will be fully and unconditionally guaranteed on a senior unsecured basis, jointly and severally, by each Guarantor pursuant to the terms of the Indenture (as defined below). Immediately upon the Separation (as defined below), the Guarantees of KDP Parent and the KDP Guarantors will be automatically released and discharged pursuant to the terms of the Indenture.

5.050% Senior Notes due 2031

Note · Maple Parent Holdings Corp.

Reference: 5.050% Senior Notes due 2031

Active
Original principal
USD 600,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
—

Last reported interest terms: 5.05% Reported 2026-03-26 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2026-03-26 Original principal USD 600,000,000 Exact source document Parent 8-K filing · 2026-03-26
    The Issuer, the Guarantors, and the Representatives are parties to the Purchase Agreement dated March 12, 2026 (the “Purchase Agreement”), which provides for the sale by the Issuer to the Initial Purchasers of $550 million aggregate principal amount of its 4.750% Senior Notes due 2029, $600 million aggregate principal amount of its 5.050% Senior Notes due 2031, $700 million aggregate principal amount of its 5.700% Senior Notes due 2036 and $700 million aggregate principal amount of its 6.625% Senior Notes due 2056 (collectively, the “Securities”), which will be fully and unconditionally guaranteed on a senior unsecured basis, jointly and severally, by each Guarantor pursuant to the terms of the Indenture (as defined below). Immediately upon the Separation (as defined below), the Guarantees of KDP Parent and the KDP Guarantors will be automatically released and discharged pursuant to the terms of the Indenture.
    Issuer evidence: This REGISTRATION RIGHTS AGREEMENT dated March 26, 2026 (this “Agreement”) is entered into by and among Maple Parent Holdings Corp., a Delaware corporation (the “Issuer”), Keurig Dr Pepper Inc., a Delaware corporation (“KDP Parent”), as guarantor, the other guarantors listed in Schedule III to the Purchase Agreement (as defined below) (together with KDP Parent, the “Guarantors”), Morgan Stanley & Co. LLC, Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC as representatives (the “Representatives”) of the initial purchasers listed in Schedule II to the Purchase Agreement (the “Initial Purchasers”).
    Supporting evidence: The Issuer, the Guarantors, and the Representatives are parties to the Purchase Agreement dated March 12, 2026 (the “Purchase Agreement”), which provides for the sale by the Issuer to the Initial Purchasers of $550 million aggregate principal amount of its 4.750% Senior Notes due 2029, $600 million aggregate principal amount of its 5.050% Senior Notes due 2031, $700 million aggregate principal amount of its 5.700% Senior Notes due 2036 and $700 million aggregate principal amount of its 6.625% Senior Notes due 2056 (collectively, the “Securities”), which will be fully and unconditionally guaranteed on a senior unsecured basis, jointly and severally, by each Guarantor pursuant to the terms of the Indenture (as defined below). Immediately upon the Separation (as defined below), the Guarantees of KDP Parent and the KDP Guarantors will be automatically released and discharged pursuant to the terms of the Indenture.

5.700% Senior Notes due 2036

Note · Maple Parent Holdings Corp.

Reference: 5.700% Senior Notes due 2036

Active
Original principal
USD 700,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
—

Last reported interest terms: 5.7% Reported 2026-03-26 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2026-03-26 Original principal USD 700,000,000 Exact source document Parent 8-K filing · 2026-03-26
    The Issuer, the Guarantors, and the Representatives are parties to the Purchase Agreement dated March 12, 2026 (the “Purchase Agreement”), which provides for the sale by the Issuer to the Initial Purchasers of $550 million aggregate principal amount of its 4.750% Senior Notes due 2029, $600 million aggregate principal amount of its 5.050% Senior Notes due 2031, $700 million aggregate principal amount of its 5.700% Senior Notes due 2036 and $700 million aggregate principal amount of its 6.625% Senior Notes due 2056 (collectively, the “Securities”), which will be fully and unconditionally guaranteed on a senior unsecured basis, jointly and severally, by each Guarantor pursuant to the terms of the Indenture (as defined below). Immediately upon the Separation (as defined below), the Guarantees of KDP Parent and the KDP Guarantors will be automatically released and discharged pursuant to the terms of the Indenture.
    Issuer evidence: This REGISTRATION RIGHTS AGREEMENT dated March 26, 2026 (this “Agreement”) is entered into by and among Maple Parent Holdings Corp., a Delaware corporation (the “Issuer”), Keurig Dr Pepper Inc., a Delaware corporation (“KDP Parent”), as guarantor, the other guarantors listed in Schedule III to the Purchase Agreement (as defined below) (together with KDP Parent, the “Guarantors”), Morgan Stanley & Co. LLC, Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC as representatives (the “Representatives”) of the initial purchasers listed in Schedule II to the Purchase Agreement (the “Initial Purchasers”).
    Supporting evidence: The Issuer, the Guarantors, and the Representatives are parties to the Purchase Agreement dated March 12, 2026 (the “Purchase Agreement”), which provides for the sale by the Issuer to the Initial Purchasers of $550 million aggregate principal amount of its 4.750% Senior Notes due 2029, $600 million aggregate principal amount of its 5.050% Senior Notes due 2031, $700 million aggregate principal amount of its 5.700% Senior Notes due 2036 and $700 million aggregate principal amount of its 6.625% Senior Notes due 2056 (collectively, the “Securities”), which will be fully and unconditionally guaranteed on a senior unsecured basis, jointly and severally, by each Guarantor pursuant to the terms of the Indenture (as defined below). Immediately upon the Separation (as defined below), the Guarantees of KDP Parent and the KDP Guarantors will be automatically released and discharged pursuant to the terms of the Indenture.

6.625% Senior Notes due 2056

Note · Maple Parent Holdings Corp.

Reference: 6.625% Senior Notes due 2056

Active
Original principal
USD 700,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
—

Last reported interest terms: 6.625% Reported 2026-03-26 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2026-03-26 Original principal USD 700,000,000 Exact source document Parent 8-K filing · 2026-03-26
    The Issuer, the Guarantors, and the Representatives are parties to the Purchase Agreement dated March 12, 2026 (the “Purchase Agreement”), which provides for the sale by the Issuer to the Initial Purchasers of $550 million aggregate principal amount of its 4.750% Senior Notes due 2029, $600 million aggregate principal amount of its 5.050% Senior Notes due 2031, $700 million aggregate principal amount of its 5.700% Senior Notes due 2036 and $700 million aggregate principal amount of its 6.625% Senior Notes due 2056 (collectively, the “Securities”), which will be fully and unconditionally guaranteed on a senior unsecured basis, jointly and severally, by each Guarantor pursuant to the terms of the Indenture (as defined below). Immediately upon the Separation (as defined below), the Guarantees of KDP Parent and the KDP Guarantors will be automatically released and discharged pursuant to the terms of the Indenture.
    Issuer evidence: This REGISTRATION RIGHTS AGREEMENT dated March 26, 2026 (this “Agreement”) is entered into by and among Maple Parent Holdings Corp., a Delaware corporation (the “Issuer”), Keurig Dr Pepper Inc., a Delaware corporation (“KDP Parent”), as guarantor, the other guarantors listed in Schedule III to the Purchase Agreement (as defined below) (together with KDP Parent, the “Guarantors”), Morgan Stanley & Co. LLC, Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC as representatives (the “Representatives”) of the initial purchasers listed in Schedule II to the Purchase Agreement (the “Initial Purchasers”).
    Supporting evidence: The Issuer, the Guarantors, and the Representatives are parties to the Purchase Agreement dated March 12, 2026 (the “Purchase Agreement”), which provides for the sale by the Issuer to the Initial Purchasers of $550 million aggregate principal amount of its 4.750% Senior Notes due 2029, $600 million aggregate principal amount of its 5.050% Senior Notes due 2031, $700 million aggregate principal amount of its 5.700% Senior Notes due 2036 and $700 million aggregate principal amount of its 6.625% Senior Notes due 2056 (collectively, the “Securities”), which will be fully and unconditionally guaranteed on a senior unsecured basis, jointly and severally, by each Guarantor pursuant to the terms of the Indenture (as defined below). Immediately upon the Separation (as defined below), the Guarantees of KDP Parent and the KDP Guarantors will be automatically released and discharged pursuant to the terms of the Indenture.

euro denominated notes

Note · Maple Parent Holdings Corp.

Reference: euro denominated notes

Active
Original principal
EUR 3,000,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
—

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2026-03-26 Original principal EUR 3,000,000,000 Exact source document Parent 8-K filing · 2026-05-22
    As previously disclosed, on March 26, 2026, Maple Parent Holdings Corp. (“Maple”), a wholly-owned subsidiary of Keurig Dr Pepper Inc. (the “Company” or “KDP”), completed private offerings of €3.0 billion aggregate principal amount of euro denominated notes and $2.55 billion aggregate principal amount of USD denominated notes (collectively, the “Maple Notes”), which are guaranteed by the Company and certain of its subsidiaries (the “KDP Guarantors”). In addition, on March 6, 2026, KDP entered into an amendment to its Term Loan Agreement, dated as of December 18, 2025, which provides for a senior unsecured delayed draw term loan facility in an aggregate amount not to exceed €10.35 billion (the “Delayed Draw Term Loan Facility”), pursuant to which Maple became a co-borrower and agreed to be jointly and severally liable with KDP for all obligations thereunder. The net proceeds of the Maple Notes and the borrowings under the Delayed Draw Term Loan Facility, together with other financing sources, were used to fund the Company’s previously announced acquisition of all of the issued and outstanding ordinary shares of JDE Peet’s N.V., which was completed on April 1, 2026.
    Issuer evidence: As previously disclosed, on March 26, 2026, Maple Parent Holdings Corp. (“Maple”), a wholly-owned subsidiary of Keurig Dr Pepper Inc. (the “Company” or “KDP”), completed private offerings of €3.0 billion aggregate principal amount of euro denominated notes and $2.55 billion aggregate principal amount of USD denominated notes (collectively, the “Maple Notes”), which are guaranteed by the Company and certain of its subsidiaries (the “KDP Guarantors”). In addition, on March 6, 2026, KDP entered into an amendment to its Term Loan Agreement, dated as of December 18, 2025, which provides for a senior unsecured delayed draw term loan facility in an aggregate amount not to exceed €10.35 billion (the “Delayed Draw Term Loan Facility”), pursuant to which Maple became a co-borrower and agreed to be jointly and severally liable with KDP for all obligations thereunder. The net proceeds of the Maple Notes and the borrowings under the Delayed Draw Term Loan Facility, together with other financing sources, were used to fund the Company’s previously announced acquisition of all of the issued and outstanding ordinary shares of JDE Peet’s N.V., which was completed on April 1, 2026.
    Supporting evidence: As previously disclosed, on March 26, 2026, Maple Parent Holdings Corp. (“Maple”), a wholly-owned subsidiary of Keurig Dr Pepper Inc. (the “Company” or “KDP”), completed private offerings of €3.0 billion aggregate principal amount of euro denominated notes and $2.55 billion aggregate principal amount of USD denominated notes (collectively, the “Maple Notes”), which are guaranteed by the Company and certain of its subsidiaries (the “KDP Guarantors”). In addition, on March 6, 2026, KDP entered into an amendment to its Term Loan Agreement, dated as of December 18, 2025, which provides for a senior unsecured delayed draw term loan facility in an aggregate amount not to exceed €10.35 billion (the “Delayed Draw Term Loan Facility”), pursuant to which Maple became a co-borrower and agreed to be jointly and severally liable with KDP for all obligations thereunder. The net proceeds of the Maple Notes and the borrowings under the Delayed Draw Term Loan Facility, together with other financing sources, were used to fund the Company’s previously announced acquisition of all of the issued and outstanding ordinary shares of JDE Peet’s N.V., which was completed on April 1, 2026.

Maple Notes

Note · Maple Parent Holdings Corp.

Reference: Maple Notes

Active
Outstanding
—
Commitment
—
Availability
—
Maturity
—

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2026-03-26 Exact source document Parent 8-K filing · 2026-05-22
    As previously disclosed, on March 26, 2026, Maple Parent Holdings Corp. (“Maple”), a wholly-owned subsidiary of Keurig Dr Pepper Inc. (the “Company” or “KDP”), completed private offerings of €3.0 billion aggregate principal amount of euro denominated notes and $2.55 billion aggregate principal amount of USD denominated notes (collectively, the “Maple Notes”), which are guaranteed by the Company and certain of its subsidiaries (the “KDP Guarantors”). In addition, on March 6, 2026, KDP entered into an amendment to its Term Loan Agreement, dated as of December 18, 2025, which provides for a senior unsecured delayed draw term loan facility in an aggregate amount not to exceed €10.35 billion (the “Delayed Draw Term Loan Facility”), pursuant to which Maple became a co-borrower and agreed to be jointly and severally liable with KDP for all obligations thereunder. The net proceeds of the Maple Notes and the borrowings under the Delayed Draw Term Loan Facility, together with other financing sources, were used to fund the Company’s previously announced acquisition of all of the issued and outstanding ordinary shares of JDE Peet’s N.V., which was completed on April 1, 2026.
    Issuer evidence: As previously disclosed, on March 26, 2026, Maple Parent Holdings Corp. (“Maple”), a wholly-owned subsidiary of Keurig Dr Pepper Inc. (the “Company” or “KDP”), completed private offerings of €3.0 billion aggregate principal amount of euro denominated notes and $2.55 billion aggregate principal amount of USD denominated notes (collectively, the “Maple Notes”), which are guaranteed by the Company and certain of its subsidiaries (the “KDP Guarantors”). In addition, on March 6, 2026, KDP entered into an amendment to its Term Loan Agreement, dated as of December 18, 2025, which provides for a senior unsecured delayed draw term loan facility in an aggregate amount not to exceed €10.35 billion (the “Delayed Draw Term Loan Facility”), pursuant to which Maple became a co-borrower and agreed to be jointly and severally liable with KDP for all obligations thereunder. The net proceeds of the Maple Notes and the borrowings under the Delayed Draw Term Loan Facility, together with other financing sources, were used to fund the Company’s previously announced acquisition of all of the issued and outstanding ordinary shares of JDE Peet’s N.V., which was completed on April 1, 2026.
    Supporting evidence: As previously disclosed, on March 26, 2026, Maple Parent Holdings Corp. (“Maple”), a wholly-owned subsidiary of Keurig Dr Pepper Inc. (the “Company” or “KDP”), completed private offerings of €3.0 billion aggregate principal amount of euro denominated notes and $2.55 billion aggregate principal amount of USD denominated notes (collectively, the “Maple Notes”), which are guaranteed by the Company and certain of its subsidiaries (the “KDP Guarantors”). In addition, on March 6, 2026, KDP entered into an amendment to its Term Loan Agreement, dated as of December 18, 2025, which provides for a senior unsecured delayed draw term loan facility in an aggregate amount not to exceed €10.35 billion (the “Delayed Draw Term Loan Facility”), pursuant to which Maple became a co-borrower and agreed to be jointly and severally liable with KDP for all obligations thereunder. The net proceeds of the Maple Notes and the borrowings under the Delayed Draw Term Loan Facility, together with other financing sources, were used to fund the Company’s previously announced acquisition of all of the issued and outstanding ordinary shares of JDE Peet’s N.V., which was completed on April 1, 2026.

USD denominated notes

Note · Maple Parent Holdings Corp.

Reference: USD denominated notes

Active
Original principal
USD 2,550,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
—

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2026-03-26 Original principal USD 2,550,000,000 Exact source document Parent 8-K filing · 2026-05-22
    As previously disclosed, on March 26, 2026, Maple Parent Holdings Corp. (“Maple”), a wholly-owned subsidiary of Keurig Dr Pepper Inc. (the “Company” or “KDP”), completed private offerings of €3.0 billion aggregate principal amount of euro denominated notes and $2.55 billion aggregate principal amount of USD denominated notes (collectively, the “Maple Notes”), which are guaranteed by the Company and certain of its subsidiaries (the “KDP Guarantors”). In addition, on March 6, 2026, KDP entered into an amendment to its Term Loan Agreement, dated as of December 18, 2025, which provides for a senior unsecured delayed draw term loan facility in an aggregate amount not to exceed €10.35 billion (the “Delayed Draw Term Loan Facility”), pursuant to which Maple became a co-borrower and agreed to be jointly and severally liable with KDP for all obligations thereunder. The net proceeds of the Maple Notes and the borrowings under the Delayed Draw Term Loan Facility, together with other financing sources, were used to fund the Company’s previously announced acquisition of all of the issued and outstanding ordinary shares of JDE Peet’s N.V., which was completed on April 1, 2026.
    Issuer evidence: As previously disclosed, on March 26, 2026, Maple Parent Holdings Corp. (“Maple”), a wholly-owned subsidiary of Keurig Dr Pepper Inc. (the “Company” or “KDP”), completed private offerings of €3.0 billion aggregate principal amount of euro denominated notes and $2.55 billion aggregate principal amount of USD denominated notes (collectively, the “Maple Notes”), which are guaranteed by the Company and certain of its subsidiaries (the “KDP Guarantors”). In addition, on March 6, 2026, KDP entered into an amendment to its Term Loan Agreement, dated as of December 18, 2025, which provides for a senior unsecured delayed draw term loan facility in an aggregate amount not to exceed €10.35 billion (the “Delayed Draw Term Loan Facility”), pursuant to which Maple became a co-borrower and agreed to be jointly and severally liable with KDP for all obligations thereunder. The net proceeds of the Maple Notes and the borrowings under the Delayed Draw Term Loan Facility, together with other financing sources, were used to fund the Company’s previously announced acquisition of all of the issued and outstanding ordinary shares of JDE Peet’s N.V., which was completed on April 1, 2026.
    Supporting evidence: As previously disclosed, on March 26, 2026, Maple Parent Holdings Corp. (“Maple”), a wholly-owned subsidiary of Keurig Dr Pepper Inc. (the “Company” or “KDP”), completed private offerings of €3.0 billion aggregate principal amount of euro denominated notes and $2.55 billion aggregate principal amount of USD denominated notes (collectively, the “Maple Notes”), which are guaranteed by the Company and certain of its subsidiaries (the “KDP Guarantors”). In addition, on March 6, 2026, KDP entered into an amendment to its Term Loan Agreement, dated as of December 18, 2025, which provides for a senior unsecured delayed draw term loan facility in an aggregate amount not to exceed €10.35 billion (the “Delayed Draw Term Loan Facility”), pursuant to which Maple became a co-borrower and agreed to be jointly and severally liable with KDP for all obligations thereunder. The net proceeds of the Maple Notes and the borrowings under the Delayed Draw Term Loan Facility, together with other financing sources, were used to fund the Company’s previously announced acquisition of all of the issued and outstanding ordinary shares of JDE Peet’s N.V., which was completed on April 1, 2026.
Key facts CIK 1418135 CUSIP 49271V100 13F (30d) 218 filings 203 filers Visit website Investor relations