Keurig Dr Pepper (NASDAQ: KDP) shifts debt trustee role to U.S. Bank
Rhea-AI Filing Summary
Keurig Dr Pepper Inc. reported an administrative change related to its debt arrangements. On August 15, 2025, U.S. Bank Trust Company, N.A. was appointed as trustee, paying agent and registrar under the company’s indenture dated December 15, 2009 and its indenture dated May 25, 2018, including all supplemental indentures to each. U.S. Bank replaces Computershare Trust Company, N.A., which resigned from these roles. The change in paying agent and registrar for these indentures is expected to become effective on August 25, 2025.
Positive
- None.
Negative
- None.
8-K Event Classification
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
(Address of principal executive offices, including zip code)
(Registrant’s telephone number including area code)
Not Applicable
(Former name or former address if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
| Pre-commencement communications pursuant to Rule 13e-14(c) under the Exchange Act (17 CFR 240.13e-14(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered | ||
Item 8.01. Other Events.
On August 15, 2025, U.S. Bank Trust Company, N.A. (“US Bank”) was appointed as trustee, paying agent and registrar under Keurig Dr Pepper Inc.’s (the “Company”) indenture, dated as of December 15, 2009, including with respect to each supplemental indenture thereto, and the Company’s indenture, dated as of May 25, 2018, including with respect to each supplemental indenture thereto. US Bank replaces Computershare Trust Company, N.A. (“Computershare”) as the trustee, paying agent and registrar for such indentures, with Computershare having resigned as the trustee, paying agent and registrar under such indentures. The change with respect to the paying agent and registrar is expected to become effective August 25, 2025.
| 2 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
| KEURIG DR PEPPER INC. | ||||
| Dated: August 15, 2025 | ||||
| By: | /s/ Anthony Shoemaker | |||
| Name: | Anthony Shoemaker | |||
| Title: | Chief Legal Officer, General Counsel and Secretary | |||
| 3 |
FAQ
What did Keurig Dr Pepper Inc. (KDP) disclose in this 8-K filing?
Keurig Dr Pepper Inc. disclosed that U.S. Bank Trust Company, N.A. was appointed as trustee, paying agent and registrar under its 2009 and 2018 indentures, replacing Computershare Trust Company, N.A., which resigned from those roles.
Which indentures are affected by Keurig Dr Pepper’s change of trustee?
The change applies to Keurig Dr Pepper’s indenture dated December 15, 2009 and its indenture dated May 25, 2018, including each related supplemental indenture.
When does U.S. Bank’s role as paying agent and registrar become effective for KDP?
The change with respect to the paying agent and registrar is expected to become effective on August 25, 2025.
Who is the new trustee for Keurig Dr Pepper’s debt indentures?
U.S. Bank Trust Company, N.A. is the new trustee, and also serves as paying agent and registrar, under Keurig Dr Pepper’s specified indentures.
Does this Keurig Dr Pepper 8-K include earnings or financial performance data?
No, this 8-K focuses on a change in trustee, paying agent and registrar under certain debt indentures and does not present earnings or operating results.