PepsiCo Inc. has joined the charge to make green bonds more mainstream as the soda giant has wrappedits debut sale of the debt.The company offered $1 billion of senior unsecured green securities, according to a person withknowledge of the matter. The 30-year bonds will yield 92 basis points above Treasuries, after initiallydiscussing 110 basis points, said the person, who asked not to be identified as the details are private.That’s the larger end of its targeted range, and at the lower end of price talk, the person said.
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