By Adria Calatayud 
 

Diageo PLC (DGE.LN) said Wednesday that it has launched bonds worth $2 billion, which will be used for general corporate purposes.

The maker of Johnnie Walker whisky and Smirnoff vodka said the bond issue consists of four tranches, each worth $500 million. The first two tranches are due May 2020, one of which has floating rates and the other one consists of 3.0% notes, Diageo said. The third tranche of 3.5% notes is due September 2023 and the last one is due May 2028 and consists of 3.875% notes, the company added.

 

Write to Adria Calatayud at adria.calatayudvaello@dowjones.com

 

(END) Dow Jones Newswires

May 16, 2018 02:28 ET (06:28 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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