(Alliance News) - Johnnie Walker whisky maker Diageo PLC on Thursday said it has launched and priced EUR700 million of fixed rate and GBP400 million fixed rate bonds under its debt issuance programme.
The issue consists of EUR700 million bonds due September 2028 with a coupon of 0.125%, and GBP400 million bonds due March 2033 with a coupon of 1.250%.
Proceeds from the issue will be used by the company for general corporate purposes.
Barclays Bank PLC, Morgan Stanley, NatWest Markets Plc, RBC Capital Markets, Banco Santander SA, and Standard Chartered Bank acted as joint active book-running managers.
Shares in FTSE 100-listed Diageo were up 0.5% at 2,526.00 pence each in London on Thursday afternoon.
By Tapan Panchal; tapanpanchal@alliancenews.com
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Diageo (DGE)
