19th Sep 2025 11:18
British American Tobacco PLC - London-based maker of cigarette and vaping products - Says subsidiary BAT Capital Corp prices USD750.0 million notes due 2033, with a 4.625% coupon. Says bonds will be "fully and unconditionally" guaranteed by BAT, BAT International Finance PLC, BAT Netherlands Finance BV and Reynolds American Inc. Expects the issuance of the notes to close on Monday next week. BAT intends to use the net proceeds for general corporate purposes, including the potential repayment of existing indebtedness. Read More
