REG - Diageo PLC - Diageo launches and prices $1.5 billion USD bonds

DiageoAnnouncement

11/04/2025 07:00

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RNS Number : 6021E  Diageo PLC  10 April 2025

Diageo launches and prices $1.5 billion USD bonds

11 April 2025

Diageo launches and prices two‐tranche, $1.5 billion fixed rate USD
denominated bonds

Diageo, a global leader in beverage alcohol, yesterday launched and priced a
$1.5 billion SEC‐registered bond offering, consisting of $750 million 5.125%
fixed rate notes due 2030 and $750 million 5.625% fixed rate notes due 2035.

The issuer of the bonds is Diageo Investment Corporation, with payment of
principal and interest fully and unconditionally guaranteed by Diageo plc.
Proceeds from this issuance will be used for general corporate purposes. The
bond offering is scheduled to settle on 15 April 2025.

Barclays Capital Inc., BNP Paribas Securities Corp., BofA Securities, Deutsche
Bank Securities, and Goldman Sachs & Co. LLC have been appointed as active
joint book‐running managers, and RBC Capital Markets LLC and Standard
Chartered Bank have been appointed as passive joint book‐running managers on
this offering.

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 with the United States Securities and
Exchange Commission (SEC) by Diageo plc, Diageo Capital plc and Diageo
Investment Corporation.

 

Diageo has filed a registration statement (including a prospectus) with the
Securities and Exchange Commission (the "SEC") for the offering to which this
communication relates. Before you invest, you should read the prospectus in
that registration statement, the preliminary prospectus supplement and other
documents Diageo Investment Corporation has filed with the SEC for more
complete information about Diageo Investment Corporation and this offering.
You may get these documents for free by visiting EDGAR on the SEC Web site at
www.sec.gov. Alternatively, Diageo Investment Corporation and any underwriter
or any dealer participating in the offering will arrange to send you the
preliminary prospectus supplement if you request it by calling Barclays
Capital Inc. at +1-888-603-5847, BNP Paribas Securities Corp. at
+1-800-854-5674, BofA Securities, Inc. at +1-800-294-1322, Deutsche Bank
Securities Inc. at +1-800-503-4611 and Goldman Sachs & Co. LLC at
+1-866-471-2526.

…….………………………………………ENDS…………………………………………

For further information please contact:

Investor relations:

Sonya
Ghobrial
+44 (0) 7392 784 784

Andrew
Ryan
+44 (0) 7803 854 842

Brian
Shipman
+1 917 710 3007

investor.relations@diageo.com

Media relations:

Clare
Cavana
+44 (0) 7751 742 072

Isabel
Batchelor
+44 (0) 7731 988 857

press@diageo.com

 

About Diageo

Diageo is a global leader in beverage alcohol with an outstanding collection
of brands across spirits and beer. These brands include Johnnie Walker, Crown
Royal, J&B, Buchanan's whiskies, Smirnoff, Cîroc and Ketel One vodkas,
Captain Morgan, Baileys, Don Julio, Tanqueray and Guinness.

Diageo is a global company, and our products are sold in nearly 180 countries
around the world. The company is listed on both the London Stock Exchange
(DGE) and the New York Stock Exchange (DEO). For more information about
Diageo, our people, our brands, and performance, visit us at www.diageo.com.
Visit Diageo's global responsible drinking resource, www.DRINKiQ.com for
information, initiatives, and ways to share best practice.

Celebrating life, every day, everywhere.

 

Diageo plc

LEI: 213800ZVIELEA55JMJ32

Diageo Investment Corporation

LEI: S4G8DPIPDVCF6CB81Z61

 

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