21st Apr 2008 07:01
Diageo PLC21 April 2008 Diageo reopens fixed rate Euro denominated bond Diageo plc Diageo, the world's leading premium drinks company, today reopened its €850million, fixed rate 5 year Euro denominated bond due on 1st July 2013 with acoupon of 5.50%. The bond was originally issued on 3rd April 2008 under Diageo'sEuropean Debt Issuance Programme, by Diageo Capital B.V., with payment ofprincipal and interest fully guaranteed by Diageo plc. Today Diageo launched and priced an additional €300 million with the same terms(other than price to public and issue date), which will be consolidated and forma single series with the original €850 million bond. Lehman Brothers, MerrillLynch and the Royal Bank of Scotland were joint book-running managers. Theaggregate principal amount outstanding following the reopening is €1,150million. Proceeds from this issuance will be used for general corporate purposesthat may include funding for recent M&A activity. This press release is for information purposes only and does not constitute aprospectus or offering memorandum or an offer to acquire any securities and isnot intended to provide the basis for any credit or any other third partyevaluation of the securities (the "Securities") or the transaction (the "Transaction") and should not be considered as a recommendation that any investorshould subscribe for or purchase any of the Securities. Neither this pressrelease nor any other documentation or information (or any part thereof)delivered or supplied under or in relation to the Transaction or the Securitiesshall be deemed to constitute an offer of or an invitation to purchase orsubscribe the Securities. This press release does not constitute an offer tosell, exchange or transfer any securities and is not soliciting an offer topurchase, exchange or transfer any securities in any jurisdiction where suchoffer, sale, exchange or transfer is not permitted or is unlawful. Any investor who subsequently acquires the Securities must rely solely on thefinal prospectus to be published by the Company in connection with theTransaction, on the basis of which alone purchases of or subscription for theSecurities may be made. The securities have not been registered under the U.S. Securities Act of 1933,as amended (the "Securities Act"), and no securities shall be offered or sold inthe United States or to U.S. persons (as those terms are defined in Regulation Sunder the Securities Act) unless an exemption from the registration requirementsof the Securities Act is available. This document is for distribution in the European Economic Area only to personswho meet the criteria of qualified investors within the meaning of theProspectus Directive (2003/71/EC). -ends- Contacts Investor enquiriesCatherine James+44 (0) 20 7927 [email protected] Media enquiriesIsabelle Thomas+44 (0) 20 8978 [email protected] This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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