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Diageo: launches two euro and sterling-denominated bonds

(CercleFinance.com) - British spirits maker Diageo has launched two tranches of fixed rate bonds denominated in euros and pounds, the company said on Tuesday.


The issue is consisting of 600 million euros bonds due in October 2023, with a coupon of 0.125% and 500 million pounds of bonds due in October 2026 with a coupon of 1.750%, the group said.

Proceeds from this issuance will be used for general corporate purposes, Diageo added.

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