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Filing under Securities Act Rules 163/433 of free writing prospectuses

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Issuer Free Writing Prospectus
Filed Pursuant to Rule 433
Registration Statement No. 333-197640
October 8, 2015

PepsiCo, Inc.
Floating Rate Notes due 2017

1.000% Senior Notes due 2017

2.150% Senior Notes due 2020

4.450% Senior Notes due 2046

Description of Certain Provisions Applicable to the Floating Rate Notes due 20 17

General

The floating rate notes due 2017 (the 20 17 floating rate notes) offered hereby will initially be limited to $700,000,000 aggregate principal amount. The 2017 floating rate notes will bear interest from October 14, 2015, or from the most recent interest payment date on which we have paid or provided for interest on the 2017 floating rate

notes. The 2017 floating rate notes will mature at 100% of their principal amount on October 13, 2017 and are not subject to any sinking fund. The 2017 floating rate notes will not be redeemable.

Calculation Agent

The Bank of New York Mellon will act as calculation agent for the 2017 floating rate notes under an Amended and Restated Calculation Agency Agreement between the issuer and The Bank of New York Mellon dated as of May 10, 2011.

Interest Payment Dates

Interest on the 2017 floating rate notes will be payable quarterly in arrears on January 13, April 13, July 13 and October 13, commencing on January 13, 2016 to the persons in whose names the notes are registered at the close of business on each December 29, March 29, June 28 and September 28, as the case may be (whether or not a New York business day (as defined below)). If any interest payment date (other than the maturity date or any earlier repayment date) falls on a day that is not a New York business day, the payment of interest that would otherwise be payable on such date will be postponed to the next succeeding New York business day, except that if such New York business day falls in the next succeeding calendar month, the applicable interest payment date will be the immediately preceding New York business day. If the maturity date or any earlier repayment date of the 2017 floating rate notes falls on a day that is not a New York business day, the payment of principal, premium, if any, and interest, if any, otherwise payable on such date will be postponed to the next succeeding New York business day, and no interest on such payment will accrue from and after the maturity date or earlier repayment date, as applicable.

A New York business day is any day other than a Saturday, Sunday or other day on which commercial banks are required or permitted by law, regulation or executive order to be closed in New York City.

Interest Reset Dates

The interest rate will be reset quarterly on January 13, April 13, July 13 and October 13, commencing on January 13, 2016. However, if any interest reset date would otherwise be a day that is not a New York business day, such interest reset date will be the next succeeding day that is a New York business day, except that if the next succeeding New York business day falls in the next succeeding calendar month, the applicable interest reset date will be the immediately preceding New York business day.

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