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IN BRIEF: Diageo launches USD2 billion bonds for "corporate purposes"

20th Oct 2022 10:35

Diageo PLC - London-based brewer and distiller with brands including Guinness, Baileys, Tanqueray, Johnnie Walker, Smirnoff and Captain Morgan - Launches and prices a USD2.0 billion bond offering, consisting of USD500 million 5.200% fixed rate notes due 2025; USD750 million 5.300% fixed rate notes due 2027, and USD750 million 5.500% fixed rate notes due 2033. Diageo Capital PLC is the issuer of the bonds. Says proceeds will be used for "general corporate purposes".

Current stock price: 3,598.50 pence, down 1.7% in London on Thursday

12-month change: down 1.2%

By Sophie Rose; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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