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Private Credit Firms’ Hot Strategy to Cut Leverage Wins Over Keurig Dr Pepper

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A cup of coffee outside a Peet’s Coffee & Tea store in Washington.

Photographer: Stefani Reynolds/BloombergFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy Paula SeligsonOctober 27, 2025 at 9:11 PM UTCBookmarkSave

Keurig Dr Pepper Inc. had a problem: Investors were skeptical of how much debt the company would be taking on with its proposed acquisition of JDE Peet’s NV.

To alleviate those concerns, the company chose to tap $7 billion of financing that won’t weigh on its debt levels, including a type of investment that’s become popular for private credit players to provide in recent months.

Source: Original