PERNOD RICARD SUCCESSFULLY COMPLETES BOND ISSUANCE:
'1.5 BILLION IN 2 TRANCHES
A 5-YEAR '750 MILLION BOND AT 1.125% A 10-YEAR '750 MILLION BOND AT 1.750%
Pernod Ricard, the long-term senior debt of which is rated Baa1 (stable outlook) by Moody's and BBB+ (stable outlook) by Standard & Poor's, has today set the terms of its new Euro-denominated bond issue for an aggregate amount of '1.5bn across 2-tranches of 5 and 10 years.
The transaction was well received by the market, with an orderbook above '5.5bn for a total issue size of '1.5bn.
Placement was made across qualified investors.
An application will be made for the bonds to be admitted to trading on Euronext Paris.
Barclays, BNP Paribas, Citigroup, HSBC, J.P. Morgan, Natixis et Société Générale Corporate & Investment Banking were the joint bookrunners of this bond issue.