20th Mar 2019 11:51
LONDON (Alliance News) - Diageo Finance PLC on Wednesday said it will redeem its outstanding EUR1.35 billion 1.125% notes due May 20 a month early.
Diageo Finance is a financing vehicle for beer and spirits maker Diageo PLC, which owns brands like Guinness stout and Baileys liqueur.
The notes will be redeemed at a price of 100% of their outstanding principal amount plus any accrued and unpaid interest on the early redemption date of April 20. Payment will be made April 23.
Shares in Diageo were up 1.1% at 3,097.00 pence on Wednesday.
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