Diageo launches and prices 1.125% 5 year and 2.375% 12 year fixed rate Euro denominated bonds
Posted: 14 May 2014 | Diageo | No comments yet
Diageo launched and priced €1.7 billion fixed rate Euro denominated bonds under its European Debt Issuance Programme…
Diageo, the world’s leading premium drinks business, today launched and priced €1.7 billion 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. The issue consists of €850 million bonds due May 2019 with a coupon of 1.125% and €850 million bonds due May 2026 with a coupon of 2.375%.
Citigroup Global Markets Limited, Credit Suisse Securities (Europe) Limited, Deutsche Bank AG, London branch, HSBC Bank plc, Morgan Stanley & Co. International plc, Nomura International plc and the Royal Bank of Scotland plc are joint book-running managers. Proceeds from this issuance will be used for general corporate purposes.
This announcement is for information purposes only and does not constitute a prospectus or offering memorandum or an offer to acquire any securities and is not intended to provide the basis for any credit or any other third party evaluation of the securities (the “Securities”) or the transaction (the “Transaction”) and should not be considered as a recommendation that any investor should subscribe for or purchase any of the Securities. Neither this announcement nor any other documentation or information (or any part thereof) delivered or supplied under or in relation to the Transaction or the Securities shall be deemed to constitute an offer of or an invitation to purchase or subscribe the Securities. This announcement does not constitute an offer to sell, exchange or transfer any securities and is not soliciting an offer to purchase, exchange or transfer any securities in any jurisdiction where such offer, sale, exchange or transfer is not permitted or is unlawful.
Any investor who acquires the Securities must rely solely on the final prospectus published by the Company in connection with the Transaction, on the basis of which alone purchases of or subscription for the Securities 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 in the United States or to U.S. persons (as those terms are defined in Regulation S under the Securities Act) unless an exemption from the registration requirements of the Securities Act is available.
This announcement is for information purposes only and is directed only at persons in member states of the European Economic Area who are qualified investors as defined in Article (2)(1)(e) (“qualified investors”) of Directive 2003/71/EC.