10th Dec 2007 07:01
Diageo PLC07 December 2007 7 December 2007 DIAGEO REOPENS 2013 AND 2017 USD FIXED RATE BONDS Diageo today reopened its US dollar 500 million long 5-year and US dollar 1billion 10-year SEC registered global bonds, due on 30 January 2013 with acoupon of 5.20% and due 23 October 2017 with a coupon of 5.75% respectively. Thebonds were originally issued on 28 October 2007 by Diageo Capital plc, withpayment of principal and interest fully guaranteed by Diageo plc. Today Diageo launched and priced an additional USD 250 million of the 5.20%Notes due 2013 and an additional USD 250 million of the 5.75% Notes due 2017with the same terms (other than price to public and issue date), which willtrade freely with the original bonds. Goldman, Sachs & Co and Morgan Stanleywere joint book-running managers for the reopening. The aggregate principalamount of the 2013 and 2017 Notes outstanding following the reopening is USD 750million and USD 1,250 million respectively. Proceeds from this issuance will beused for general corporate purposes. 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: Sarah Paul +44 (0) 20 7927 4326 investor.relations@diageo.comMedia enquiries: Jennifer Crowl +44 (0) 7803 856 557 media@diageo.com Note for Editors: The original 2013 USD 500 million global bond priced at a spread of 117 basispoints above the yield for the 5-year U.S. Treasury Note due September 2012(4.045% at time of pricing) The reopening for the additional USD 250 million has priced at a spread of 165basis points above the yield for the 5-year U.S. Treasury Note due November 2012(3.511 at time of pricing). The original 2017 USD 1,000 million global bond priced at a spread of 137 basispoints above the yield for the 10-year U.S. Treasury Note due August 2017(4.395% at time of pricing) The reopening for the additional USD 250 million has priced at a spread of 175basis points above the yield for the 10-year U.S. Treasury Note due November2017 (4.124 at time of pricing). This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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