LONDON (dpa-AFX) - Diageo Plc (DEO, DGE.L) said it has launched and priced a $2.5 billion bond transaction consisting of $1 billion 1.5% May 2017, $1 billion 2.875% May 2022 and $500 million 4.25% May 2042 fixed rate notes under its US Debt Issuance Programme.
The issuer of the 2017 bonds is Diageo Capital Plc and the issuer of the 2022 and 2042 bonds is Diageo Investment Corp., with payment of principal and interest fully guaranteed by Diageo.
Diageo noted that proceeds from this issuance will be used primarily for general corporate purposes.
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