Keurig Dr Pepper announced it has secured a new $4 billion revolving credit agreement. This new credit facility enhances the company's financial flexibility and liquidity.
The agreement provides KDP with substantial resources for general corporate purposes, including working capital and capital expenditures. This move strengthens the company's balance sheet.
This financing event supports KDP's ability to manage its ongoing operations and pursue strategic growth opportunities. It reflects confidence from lenders in the company's financial stability.
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