![#](www.e-malt.com/images/left_top_corner16x200.gif) | E-Malt.com News article: World: Diageo launches and prices three-tranche €2 billion of fixed rate euro denominated bonds![Brewery news](https://e-malt.com/Images/BeerBullet2.gif)
Diageo, a global leader in beverage alcohol, has launched and priced €2 billion of fixed rate euro denominated bonds under its European Debt Issuance Programme. The issuer of the bonds will be Diageo Finance plc, with payment of principal and interest fully guaranteed by Diageo plc, WebWire reported on October 16.
The issue consists of €900 million bonds due October 2021 with a coupon of 0.250%; €600 million bonds due April 2025 with a coupon of 1.000%; and €500 million bonds due October 2027 with a coupon of 1.500%. Proceeds from this issuance will be used for general corporate purposes.
Citigroup Global Markets Limited, Deutsche Bank AG, London Branch, HSBC Bank plc, Morgan Stanley & Co. International plc and NatWest Markets Plc are joint book-running managers.
15 October, 2018
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