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Diageo: launches 2 billion dollar four-tranche bond

(CercleFinance.com) - Diageo has launched a two billion dollar four-tranche bond for general corporate purposes, the British spirits maker said on Wednesday.


The transaction consists of 500 million dollars floating rate notes due in May 2020; 500 million dollars 3% notes due in May 2020; 500 million dollars 3.5% notes due in September 2023; and 500 million dollars 3.875% notes due in May 2028, it said.

Barclays, BofA Merrill Lynch, Goldman Sachs and UBS are joint active book-running managers.

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