PRICING SUPPLEMENT NUMBER 14 Filed Under Rule
(To Prospectus dated January 11, 1995) 424(b)(2) and 424(c)
CUSIP No. 71345L CZ 9 File No. 33-57181
$200,000,000
PEPSICO, INC.
5.875% Debt Securities Due June 1, 2000
Payable Semiannually
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Type of Securities: Fixed Rate Debt Securities
Underwriter: UBS Securities Inc.
Initial Offering Price: 99.764%
Underwriter's Discount: 0.339%
Currency: U. S. Dollars
Date of Issue: June 9, 1995
Issuance form: Book entry
Scheduled Maturity Date: June 1, 2000
Interest Rate: 5.875%
Daycount basis: 30/360
Interest Accrual Date: June 9, 1995, or the most recent
date for which interest has been paid or provided for, as the
case may be. Interest will accrue from each Interest Accrual
Date to but excluding the next succeeding Interest Payment Date.
Interest Payment Dates: Semiannually on each December 1 and
June 1, commencing December 1, 1995 and ending on the Scheduled
Maturity Date. If any Interest Payment Date falls on a date that
is not a Business Day, such Interest Payment Date will be the
next succeeding Business Day.
Principal Payment Dates: Scheduled Maturity Date
Business Days: New York
Calculation Agent: PepsiCo, Inc.
Optional Redemption Dates: Not applicable
Option to elect prepayment: None
Sinking fund: Not applicable
Settlement Date: June 9, 1995
The 5.875% Debt Securities Due June 1, 2000 will be purchased by
the Underwriter at 99.425% of their principal amount, and will be
initially offered to the public at 99.764% of their principal
amount (the "Initial Offering Price"). The Underwriter has
advised PepsiCo that it intends to offer all or part of the
5.875% Debt Securities Due June 1, 2000 directly to the public
initially at the Initial Offering Price of such Debt Securities.
After the 5.875% Debt Securities Due June 1, 2000 are released
for sale to the public, the offering price and other selling
terms may from time to time be varied by the Underwriter.
For U.S. federal income tax purposes, the 5.875% Debt Securities
Due June 1, 2000 will be treated as Fixed Rate Debt Securities,
issued without OID. This treatment is consistent with the
applicable provisions of the Internal Revenue Code of 1986, as
amended, and the final OID regulations, which are generally
effective for debt instruments issued on or after April 4, 1994.
The Underwriter and certain of its affiliates have provided
financial and commercial banking services for PepsiCo from time
to time, in the ordinary course of business.
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UBS Securities Inc.
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June 2, 1995
