Reported about 2 months ago
Global alcohol giant Diageo Plc has successfully raised €1.9 billion in new long-dated euro debt as part of a significant corporate bond offering, marking a notable increase in issuance in Europe's primary market. The three-part offering includes maturities of six and a half years, 11 years, and 20 years, amidst a backdrop of declining interest rates globally. Despite strong overall demand, the interest for the longer maturities was less pronounced compared to shorter ones, highlighting shifting investor preferences.
Source: YAHOO