BURLINGTON, Mass. and
PLANO, Texas, Aug. 19, 2020 /PRNewswire/ -- Keurig Dr
Pepper (NYSE: KDP) (the "Company" or "KDP") announced today the
completion of its previously-announced registered public secondary
offering of 45.0 million shares of the Company's outstanding common
stock, for gross proceeds of approximately $1.31 billion. All of the shares were sold by
Maple Holdings B.V. ("Maple"). Maple is a holding company
majority-owned by JAB Holdings B.V. ("JAB").
Goldman Sachs & Co. LLC acted as underwriter for the
offering.
The offering was made only by means of an effective registration
statement and a prospectus. Copies of the prospectus supplement and
the accompanying prospectus relating to the offering may be
obtained from: Goldman Sachs & Co. LLC, Prospectus Department,
200 West Street, New York, New
York 10282, telephone: 1-866-471-2526, facsimile:
212-902-9316 or by emailing Prospectus-ny@ny.email.gs.com. Copies
of the prospectus supplement and the related prospectus may also be
obtained free of charge from the website of the U.S. Securities and
Exchange Commission (the "SEC") at http://www.sec.gov.
The Company has previously filed with the SEC a registration
statement (including a prospectus) on Form S-3 (File No.
333-233477) and a prospectus supplement, each dated August 27, 2019, as well as a final prospectus
supplement for the offering to which this communication relates.
Before you invest, you should read the prospectus in that
registration statement and other documents the issuer has filed
with the SEC for more complete information about the issuer and
this offering. Copies of the registration statement can be accessed
through the SEC's website at www.sec.gov. This press release shall
not constitute an offer to sell or the solicitation of an offer to
buy, nor shall there be any sale of these securities in any
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such jurisdiction.
About Keurig Dr Pepper
Keurig Dr Pepper (KDP) is a leading beverage company in
North America, with annual revenue
in excess of $11 billion and nearly
26,000 employees. KDP holds leadership positions in soft drinks,
specialty coffee and tea, water, juice and juice drinks and mixers,
and markets the #1 single serve coffee brewing system in the U.S.
and Canada. The Company's
portfolio of more than 125 owned, licensed and partner brands is
designed to satisfy virtually any consumer need, any time, and
includes Keurig®, Dr Pepper®, Green Mountain Coffee Roasters®,
Canada Dry®, Snapple®, Bai®, Mott's®, CORE® and The Original Donut
Shop®. Through its powerful sales and distribution network, KDP can
deliver its portfolio of hot and cold beverages to nearly every
point of purchase for consumers. The Company is committed to
sourcing, producing and distributing its beverages responsibly
through its Drink Well. Do Good. corporate responsibility platform,
including efforts around circular packaging, efficient natural
resource use and supply chain sustainability.
Forward-Looking Statements
Certain statements contained herein may be considered
"forward-looking statements" within the meaning of applicable
securities laws and regulations. These statements are often, but
not always, made through the use of words or phrases such as "may,"
"might," "should," "could," "predict," "potential," "believe,"
"expect," "continue," "will," "anticipate," "seek," "estimate,"
"intend," "plan," and "would," or the negative version of those
words or other comparable words or phrases of a future or
forward-looking nature. These forward-looking statements have been
based on the Company's current views with respect to future events
and the timing of this secondary offering. These forward-looking
statements are subject to a number of risks and uncertainties
including prevailing market conditions, as well as other factors.
All of the forward-looking statements are qualified in their
entirety by reference to the factors discussed under "Risk Factors"
in Part I, Item 1A of the Company's Annual Report on Form 10-K for
the year ended December 31, 2019 and
the Company's other filings with the SEC. Forward-looking
statements represent the Company's estimates and assumptions only
as of the date that they were made. The Company does not undertake
any duty to update the forward-looking statements, and the
estimates and assumptions associated with them, after the date of
this release, except to the extent required by applicable law.
Investors
Tyson Seely
T: 781-418-3352/ tyson.seely@kdrp.com
Steve Alexander
T: 972-673-6769/ steve.alexander@kdrp.com
Media
Katie Gilroy
T: 781-418-3345/ katie.gilroy@kdrp.com
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SOURCE Keurig Dr Pepper