Diageo in euro, sterling bond issues

Drinks maker Diageo on Tuesday said it was issuing €600m of fixed rate Euro and £500m of fixed rate sterling-denominated bonds under its European debt issuance programme.

The euro issue will be due in October 2023 with a coupon of 0.125% and the sterling bonds due three years later with a coupon of 1.750%. Diageo said the proceeds would be used for general corporate purposes.

Barclays Bank plc, Merrill Lynch International, Goldman Sachs International and Banco Santander, SA are joint active book-running managers, the company added.