3rd Oct 2023 08:41
Diageo PLC - London-based brewer and distiller with brands including Baileys, Tanqueray, Johnnie Walker, Smirnoff and Captain Morgan - Launches and prices USD1.7 billion Securities & Exchange Commission-register bond offering, scheduled to settle on Thursday. Comprises USD800 million 5.375% fixed rate notes due 2026 and USD900 million 5.625% fixed rate notes due 2033. Says issuer is Diageo Capital PLC, with the payment of principal and interest fully and unconditionally guaranteed by Diageo. Will use proceeds for general corporate purposes.
Current stock price: 3,010.50 pence, up 0.1% in London on Tuesday
12-month change: down 19%
By Elizabeth Winter, Alliance News senior markets reporter
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