Subscribe Login
Drinks

Pernod Ricard Raises €1.5bn On Bond Market

By Dave Simpson

Drinks manufacturer Pernod Ricard has said that two bond sales on Wednesday April 1 totalling €1.5 billion, which will be used to refinance bank debt facilities, were heavily subscribed.

Pernod Ricard said that it received offers worth €5.5 billion for the bonds that were on offer.

€750m Each

The new issue included a €750 million bond that is due in April 2030 at a spread of 185 basis points and another €750 million paper that is due in April 2025 at 150 basis points. The bonds carried coupons of 1.750% and 1.125%, respectively.

Get a FREE Digital Subscription!

Enjoy full access to Hospitality Ireland, our weekly email news digest, all website and app content, and every digital issue.

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our Terms & Conditions and Privacy Policy

News by Reuters, edited by Hospitality Ireland. Click subscribe to sign up for the Hospitality Ireland print edition.

Enjoy a FREE Digital Subscription
Enjoy full access to Hospitality Ireland, our weekly email news digest, all website and app content, and every digital issue.
Enjoy a FREE Digital Subscription
Enjoy a FREE Digital Subscription
Enjoy full access to Hospitality Ireland, our weekly email news digest, all website and app content, and every digital issue.
Enjoy a FREE Digital Subscription