Varun Beverages Successfully Raises US$890 Million Through Global Equity Offering

Varun Beverages (VBL), a leading bottling partner of PepsiCo, has completed a US$890 million equity offering. Hogan Lovells advised VBL on the offering, which was a significant milestone for the company. As PepsiCo’s second-largest bottling partner outside the United States, VBL is a significant player in the global beverage industry. The equity offering will help the company to further strengthen its position in the market and support its growth strategies. The transaction is a testament to the company’s success and the confidence of its investors in its future prospects. With this offering, VBL is well-equipped to navigate the competitive landscape of the beverage industry and drive growth for years to come.