PepsiCo, Inc. CEDEAR (PEP)

Profile

https://www.pepsico.com

PepsiCo, Inc. CEDEAR is an Argentine depositary receipt that represents ownership in PepsiCo, Inc., allowing local investors to access a leading global consumer staples company in Argentine pesos. Its primary function is to mirror the economic rights of the underlying U.S. shares—price performance and dividends—through a predefined conversion ratio set by the CEDEAR program. According to Banco Comafi’s CEDEAR listing, the program for PEPSICO INC is structured at 18:1, meaning each depositary receipt corresponds to a fraction of one underlying share based on that ratio. Trading data providers classify this security under the consumer defensive sector, reflecting PepsiCo’s global portfolio of beverages and convenient foods across brands such as Pepsi, Gatorade, and Frito-Lay segments. The instrument facilitates diversification and currency access for domestic investors while tracking the fundamentals of the underlying issuer, whose CEDEAR carries ISIN ARDEUT111416. As a cross-border vehicle, PepsiCo, Inc. CEDEAR plays a role in the local market by broadening exposure to multinational earnings streams and dividend distributions translated into the local currency.