Gruppo Campari has declined to comment on a report claiming it may issue a bond of between EUR350m and EUR500m (US$736m).

A report in Italy's La Stampa newspaper claimed yesterday (16 September) that Campari was considering launching a bond.

A Campari spokesperson told just-drinks that the group "does not comment on market rumours".

Last month, Campari reported half-year net profits boosted by lower spend on advertising and promotion, but sales were hit by destocking in key markets.

To read the just-drinks interview with Campari CEO Bob Kunze-Concewitz, click here.