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IN BRIEF: Diageo prices EUR1 billion in bonds with 3.25-75% coupons

1st Oct 2025 11:31

Diageo PLC - London-based brewer and distiller - Prices EUR1.00 billion in fixed-rate euro-denominated bonds. The issue is in two series of EUR500 million in bonds. The first is due October 3, 2032 and carries a 3.25% per annum coupon. The second is due October 3, 2027 and has a 3.75% coupon. The issuance is being managed by seven banks. Proceeds will be used for "general corporate purposes".

Current stock price: 1,809.40 pence

12-month change: down 31%

By Tom Waite, Alliance News editor

Comments and questions to [email protected]

Copyright 2025 Alliance News Ltd. All Rights Reserved.


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