Venezuela exposure profile · PEP ·
Consumer Staples
PepsiCo (PEP): Venezuela Exposure Check
Independent audit of PepsiCo's exposure to Venezuela — OFAC SDN matches, SEC filings, and Caracas Research news corpus.
OFAC Venezuela SDN matches
No entry on the OFAC Venezuela SDN list contains
PepsiCo
or any of its operating subsidiaries
(Empresas Polar Venezuela)
as of the most recent OFAC scrape. Always re-verify with
OFAC Sanctions Search
before transacting.
SEC filings disclosing Venezuela items
We searched PepsiCo's SEC filings (10-K,
10-Q, 8-K, 20-F, 6-K) for the past two years and found no
mention of Venezuela, PdVSA, CITGO, or Caracas. This is
consistent with no material disclosed exposure. The full SEC
full-text search is here:
EDGAR full-text search for PepsiCo
.
Federal Register & news corpus mentions
No Federal Register notice or analyzed news article in our
corpus references PepsiCo in a
Venezuela context. Search the live
sanctions tracker
or the
daily briefing index
for ad-hoc context.
Caracas Research analyst note
PepsiCo operates in Venezuela through Empresas Polar bottling and snacks partnerships. Operations have been disrupted by hyperinflation and currency controls but have not been fully exited.
Known Venezuela-related operating entities or counterparties: Empresas Polar Venezuela.
Methodology.
This page combines four signals: (1) a hand-curated map of S&P 500
Venezuela exposure maintained by Caracas Research analysts;
(2) fuzzy substring matching against every Venezuela-program OFAC SDN
designation (refreshed twice daily); (3) the SEC EDGAR full-text search
across the company's 10-K, 10-Q, 8-K, 20-F, and 6-K filings for the
past 24 months; (4) a scan of our own analyzed-news corpus and US
Federal Register notices. Last refreshed
2026-04-19. This is not legal or compliance advice;
always verify with primary sources and qualified sanctions counsel
before transacting.