Diageo, the world’s leading premium drinks business, today launched its inaugural Euro 500m benchmark bond issue. Due on 6 January 2009, the issue pays a coupon of 3.875%. HSBC and Lehman Brothers were Joint Bookrunners. BNP Paribas, Citibank, Royal Bank of Scotland and UBS Warburg were Co-Managers. Proceeds from the issue will be used for general business purposes such as refinancing maturing commercial paper debt.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any other jurisdiction, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration and qualification under the securities laws of any such jurisdiction.
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