BURLINGTON, Mass.--(BUSINESS WIRE)--Keurig Green Mountain, Inc. announced today that its indirect parent company, Maple Parent Holdings Corp., through its wholly-owned subsidiary, Maple Escrow Subsidiary, Inc., has closed its previously announced offering to sell $8 billion aggregate principal amount of senior notes (the “Notes”), in a transaction that was significantly oversubscribed. The offering of the Notes was consummated on substantially similar terms as had been anticipated by the Company and, as such, the Company’s outlook for interest expense for Keurig Dr Pepper Inc. (“KDP”), the post-closing combined company, remains essentially unchanged.

The offering consisted of $1,750 million aggregate principal amount of 3.551% senior notes due 2021, $2,000 million aggregate principal amount of 4.057% senior notes due 2023, $1,000 million aggregate principal amount of 4.417% senior notes due 2025, $2,000 million aggregate principal amount of 4.597% senior notes due 2028, $500 million aggregate principal amount of 4.985% senior notes due 2038 and $750 million aggregate principal amount of 5.085% senior notes due 2048. The Notes were issued pursuant to an indenture (as amended or supplemented, the “Indenture”), dated as of May 25, 2018, among the Escrow Issuer, Maple, as parent guarantor, and Wells Fargo Bank, N.A., as trustee.