UK: Diageo issues EUR750m bond

By | 16 May 2007

Diageo has launched and priced a bond to help with "general corporate purposes".

The drinks giant said yesterday (15 May) that the EUR750m (US$1.02bn) five-year Eurobond has been launched under its European Debt Issuance Programme.

Due on 22 May 2012, the issue is in floating rate format and linked to EURIBOR with a spread to 3 month EURIBOR of 0.24%.

Proceeds will be used for general corporate purposes, the company concluded.

Sectors: Spirits, Wine

Companies: Diageo

View next/previous articles

Currently reading -

UK: Diageo issues EUR750m bond

There are currently no comments on this article

Be the first to comment on this article

Related articles

UK: JP Morgan sees more positives for brewers than spirits makers

JP Morgan has started coverage of the European beverage sector, with the bank's top pick being the UK-based brewer SABMiller.

UPDATE: Bacardi to build new Scotch plant

Bacardi is looking to focus on the premium status of its Dewar's Scotch whisky portfolio, with the opening of a new facility in Scotland.

US: Tax provision slaps down Boston Beer Q3 profits

The Boston Beer Company has posted a sharp fall in operating profit for its third quarter, despite a healthy lift in sales.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page