Issue of Debt

RNS Number : 0717G

Diageo PLC

17 October 2008

 



Diageo launches and prices fixed rate Dollar denominated bond

17 October 2008

Diageo plc

Diageo, the world's leading premium drinks business, yesterday launched and priced a $1,000 million, fixed rate long 5 year Dollar denominated bond under its US Debt Issuance Programme. The issuer of the bond is Diageo Capital Plc, with payment of principal and interest fully guaranteed by Diageo plc.

Due on 15th January 2014, the long 5-year issue pays a coupon of 7.375%. Banc of America Securities LLC., Credit Suisse, Goldman, Sachs & Co. and HSBC Securities (USA) Inc were joint book-running managers. Proceeds from this issuance will be used for general corporate purposes. 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities either in the United States or 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. Any public offering of securities in the United States is being made solely by means of a prospectus supplement to the prospectus included in the Registration Statement filed by Diageo plc, Diageo Capital plc, Diageo Finance B.V. and Diageo Investment Corporation and previously declared effective.

ENDS

Contacts:

Investor enquiries 

Catherine James  
[phone]
[e-mail]

Media enquiries 

James Crampton   
[phone] 
[e-mail]

 

END

 

 

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