Weil is advising Morgan Stanley and MUFG, as the joint lead arrangers and bookrunners, for a €16.2 billion bridge credit facility in support of Keurig Dr Pepper Inc.’s acquisition of JDE Peet’s. After the acquisition closes, Keurig Dr Pepper Inc. plans to separate into two independent, U.S.-listed publicly traded companies pursuant to a proposed tax-free spin-off of its global coffee business.

Keurig Dr Pepper is a leading beverage company in North America, with a portfolio of more than 125 owned, licensed and partner brands and powerful distribution capabilities to provide a beverage for every need, anytime, anywhere. Their brands include Keurig®, Dr Pepper®, Canada Dry®, Mott's®, A&W®, Peñafiel®, Snapple®, 7UP®, Green Mountain Coffee Roasters®, GHOST®, Clamato®, Core Hydration® and The Original Donut Shop®.

JDE Peet’s is the world’s leading pure-play coffee company, serving approximately 4,400 cups of coffee per second in more than 100 markets, with a portfolio of strong iconic brands including Peet’s, L’OR, Jacobs, Douwe Egberts, Kenco, Pilao, OldTown, Super and Moccona.

The Weil deal team was led by Banking & Finance partner Jessie Chiang and Capital Markets Co-Head Michael Hickey and included Banking & Finance associates Megan Teltschik and Nicole Reynolds, as well as Capital Markets associates Sakshi Sharma, Federica Marini and Justin Deuell. The deal team also included Mergers & Acquisitions partner Sachin Kohli; Tax partner Jason Vollbracht and associate Dylan Lionberger; London Banking & Finance partner Nicola Noël; Regulatory Transactions partner Timothy Welch; Environmental Head Annemargaret Connolly and associate Graham McHenry (Not Yet Admitted in DC); Employment partner Xander Tabloff and associate Zeinab Bakillah; and Technology & IP Transactions associates David Merck and Aron Lichtschein.