28th Mar 2006 07:00
Diageo PLC28 March 2006 27 March 2006 Diageo launches and prices a $400m floating rate note and $600m fixed rate bond Diageo, the world's leading premium drinks business, today launched and pricedUS dollar 400 million of 3-year and US dollar 600 million of 7-year SECregistered securities. The bonds were issued by Diageo Finance B.V., withpayment of principal and interest fully guaranteed by Diageo plc. Due on 30 March 2009, the 3-year issue pays a coupon of 3 month US dollar LIBOR+ 12 basis points. Due on 1 April 2013, the 7-year issue pays a coupon of 5.5%.Citigroup, Credit Suisse and RBS Greenwich Capital were joint bookrunners.Deutsche Bank Securities, Goldman Sachs & Co., JPMorgan and UBS Investment Bankwere co-managers. Proceeds from this issuance will be used for general corporatepurposes. This press release shall not constitute an offer to sell or the solicitation ofan offer to buy securities either in the United States or any otherjurisdiction, nor shall there be any sale of these securities in anyjurisdiction in which such offer, solicitation or sale would be unlawful priorto registration and qualification under the securities laws of any suchjurisdiction. Any public offering of securities in the United States is beingmade solely by means of a prospectus supplement to the prospectus included inthe Registration Statement filed by Diageo plc, Diageo Capital plc, DiageoFinance B.V. and Diageo Investment Corporation and previously declaredeffective. -ends- Note for Editors: The 3-year issue pays a floating rate coupon based on the 3-month US dollarLIBOR rate. For indicative purposes only, at 11am London time on 27 March 2006,the 3-month US dollar LIBOR rate was 4.96%. The actual rate used to set thecoupon on the 3-year issue, which will be determined in the future, cannot bepredicted now and may vary from this figure. The 7-year issue is priced at a spread of 80 basis points above the yield forthe 7-year U.S. Treasury Note due February 2013. Diageo contacts: Investor enquiries Catherine James +44 (0) 20 7927 5272 [email protected] media enquiries Isabelle Thomas +44 (0) 20 7927 5967 [email protected] This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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