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Pernod Ricard Completes €1.5 Bln Hybrid Bonds Issuance

By Reuters News

Oct 28 (Reuters) - Pernod Ricard SA PERP.PA:

  • PERNOD RICARD SUCCESSFULLY COMPLETES HYBRID BONDS ISSUANCE OF EUR 1.5 BILLION

  • COUPON OF 5.625% ON THE PERPETUAL NON-CALL 5.25 TRANCHE

  • COUPON OF 6.125% ON THE PERPETUAL NON-CALL 8 TRANCHE

  • NET PROCEEDS OF HYBRID ISSUANCE WILL BE USED FOR GENERAL CORPORATE PURPOSES, INCLUDING FINANCING OF CONCOMITANT TENDER OFFER ON SEVEN EXISTING SERIES OF NOTES

Further company coverage: PERP.PA

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