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Keurig Dr Pepper Secures Major Term Loan for Acquisition

Story Highlights
  • Keurig Dr Pepper secured a €10.35 billion 364-day term loan to support its planned acquisition of JDE Peet’s under investment-grade style covenants.
  • The company simultaneously amended its bridge credit facility, reducing commitments to €5.85 billion and prioritizing repayment of the new term loan in its financing structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Keurig Dr Pepper Secures Major Term Loan for Acquisition

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The latest update is out from Keurig Dr Pepper ( (KDP) ).

On December 18, 2025, Keurig Dr Pepper Inc. entered into a €10.35 billion, 364-day term loan agreement arranged by Morgan Stanley Senior Funding, with borrowings priced at EURIBO plus a margin tied to the company’s debt ratings and subject to customary investment-grade covenants, guarantees from key subsidiaries, and mandatory prepayments from certain asset sales and capital markets transactions. The facility is intended to provide flexible funding for the contemplated acquisition of JDE Peet’s, while an amendment executed the same day to KDP’s existing bridge credit agreement cut that bridge facility from €16.2 billion to €5.85 billion and redirected future debt proceeds to first reduce the new term loan, reshaping the company’s short-term financing mix around the planned transaction.

The most recent analyst rating on (KDP) stock is a Hold with a $32.00 price target. To see the full list of analyst forecasts on Keurig Dr Pepper stock, see the KDP Stock Forecast page.

Spark’s Take on KDP Stock

According to Spark, TipRanks’ AI Analyst, KDP is a Outperform.

Keurig Dr Pepper’s overall stock score reflects solid financial performance and strategic growth initiatives, particularly the acquisition of JDE Peet’s. While technical indicators suggest short-term bullish momentum, valuation metrics indicate potential overvaluation. The earnings call highlighted both opportunities and challenges, contributing to a balanced outlook.

To see Spark’s full report on KDP stock, click here.

More about Keurig Dr Pepper

Keurig Dr Pepper Inc. is a beverage company operating in the non-alcoholic drinks industry, producing and distributing soft drinks, specialty coffees, teas and other beverages, with a significant presence in North America and a focus on both retail and food-service channels.

Average Trading Volume: 17,932,523

Technical Sentiment Signal: Sell

Current Market Cap: $38.11B

Learn more about KDP stock on TipRanks’ Stock Analysis page.

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