The Pepsi Bottling Group (PBG) is looking to launch US$750m-worth of senior notes.

The US-based company said yesterday (14 January) that the 5.125% senior notes will be due in 2019. Proceeds from the offering will be used to repay PBG's senior notes which are due this year, when they mature next month.

Any excess proceeds from the offering will be used for "general corporate purposes", the company said.

Credit Suisse Securities (USA), Morgan Stanley & Co., Banc of America Securities and Citigroup Global Markets are acting as joint book-running managers for the offering.