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 Tax partner Jason Vollbracht and associate Dylan Lionberger; London Banking & Finance partner Nicola Noël; 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.