6th Dec 2006 18:10
Diageo PLC06 December 2006 6 December 2006 DIAGEO REOPENS 2012 USD 300 MILLION FIXED RATE BOND Diageo today reopened its US dollar 300 million long 5-year SEC registeredglobal bonds, due on 30 January 2012 with a coupon of 5.125%. The bonds wereoriginally issued on 28 September 2006 by Diageo Capital plc, with payment ofprincipal and interest fully guaranteed by Diageo plc. Today Diageo launched and priced an additional USD 300 million of 5.125% Notesdue 2012 with the same terms (other than price to public and issue date), whichwill trade freely with the original bond. Goldman Sachs was sole bookrunner forthe reopening. The aggregate principal amount of 5.125% Notes due 2012outstanding following the reopening is USD 600 million. Proceeds from this issuance will be used to partly refinance $500 millionaggregate principal amount of notes bearing interest at 3.00% issued by DiageoFinance B.V. in 2003 maturing on December 15, 2006. 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- For further information: Investor enquiries Darren Jones +44 (0) 20 7927 4223 [email protected] Media enquiries Jennifer Crowl +44 (0) 20 8978 8647 [email protected] Notes for Editor: The original USD 300 million global bond priced at a spread of 74 basis pointsabove the yield for the 5-year U.S. Treasury Note due August 2011. The reopening for the additional USD 300 million has priced at a spread of 70basis points above the yield for the 5-year U.S. Treasury Note due November2011. About Diageo: Diageo is the world's leading premium drinks business. With its global vision,and local marketing focus, Diageo brings to consumers an outstanding collectionof beverage alcohol brands across the spirits, wine and beer categoriesincluding Smirnoff, Guinness, Johnnie Walker, Baileys, J&B, Cuervo, CaptainMorgan and Tanqueray, and Beaulieu Vineyard and Sterling Vineyards wines.Diageo trades in some 180 countries around the world and is listed on both theNew York Stock Exchange (DEO) and the London Stock Exchange (DGE). For moreinformation about Diageo, its people, brands and performance, visit us atwww.diageo.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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