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Diageo: $1.7bn bond issue

(CercleFinance.com) - Diageo announces that it has launched a $1.
7bn bond offering with the SEC, with a first tranche of $800m at a fixed rate of 5.375%, maturing in 2026, and a second tranche of $900m at a fixed rate of 5.625% maturing in 2033.

Payment of principal and interest are fully and unconditionally guaranteed by Diageo plc. The proceeds of the issue will be used for general corporate purposes.


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