Pernod Ricard Places US$ 1.5 billion of Notes
Pernod Ricard Places US$ 1.5 billion of Notes
Pernod Ricard will issue and sell US$ 1.5 billion aggregate principal amount of its 4.45% Fixed-Rate Notes due 2022.
The transaction will enable the Group to benefit from favorable funding conditions in the capital markets while further diversifying its sources of financing through a rebalancing of its mix of bank loans and bond debt.
The transaction will enable the Group to benefit from favorable funding conditions in the capital markets while further diversifying its sources of financing through a rebalancing of its mix of bank loans and bond debt.
The net proceeds of the issue will be used to repay a portion of loans under the Group’s syndicated credit agreement, thus extending the maturity profile of its external debt.
The Notes will be issued on or about October 25th, 2011, the expected settlement date of the Notes.
The Notes will be issued on or about October 25th, 2011, the expected settlement date of the Notes.
Pernod Ricard financial calendar
- 15 November 2011: Annual General Meeting for the 2010/11 financial year
- 16 February 2012: 2011/12 half-year sales and results
- 26 April 2012: 2011/12 third quarter sales
About Pernod Ricard
Pernod Ricard is the world’s co-leader in wines and spirits with consolidated sales of € 7,643 million in 2010/11. Created in 1975 by the merger of Ricard and Pernod, the Group has undergone sustained development, based on both organic growth and acquisitions: Seagram (2001), Allied Domecq (2005) and Vin & Sprit (2008). Pernod Ricard holds one of the most prestigious brand portfolios in the sector: ABSOLUT Vodka, Ricard pastis, Ballantine’s, Chivas Regal, Royal Salute and The Glenlivet Scotch whiskies, Jameson Irish whiskey, Martell cognac, Havana Club rum, Beefeater gin, Kahlúa and Malibu liqueurs, Mumm and Perrier-Jouët champagnes, as well Jacob’s Creek, Brancott Estate (formerly Montana), Campo Viejo and Graffigna wines. Pernod Ricard employs a workforce of nearly 18,000 people and operates through a decentralised organisation, with 6 “Brand Companies” and 70 “Market Companies” established in each key market. Pernod Ricard is strongly committed to a sustainable development policy and encourages responsible consumption. Pernod Ricard’s strategy and ambition are based on 3 key values that guide its expansion: entrepreneurial spirit, mutual trust and a strong sense of ethics.Pernod Ricard is listed on the NYSE Euronext exchange (Ticker: RI; ISIN code: FR0000120693) and is a member of the CAC 40 index.
Contacts Pernod Ricard
- Jean TOUBOUL / Financial Communication – Investor Relations VP
Tel: +33 (0)1 41 00 41 71 - Stéphanie SCHROEDER / External Communications Deputy Director
Tel: +33 (0)1 41 00 42 74 - Alison DONOHOE / Investor Relations
Tel: +33 (0)1 41 00 42 14 - Florence TARON / Press Relations Manager
Tel: +33 (0)1 41 00 40 88
