Diageo Finance PLC (DGELN)

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Diageo Finance PLC (DGELN)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	CONS	PRCD	DGELN	Diageo Finance PLC	€1,900		3	EMEA	Aug 27, 2024

Tranche #1Diageo Finance PLC

currency

EUR

size (m)

700.000

maturity

Feb 28, 2031

type

Fixed

tenor

6.500

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

A-

fitch

size description

re-open/tap

ipt

MS+100 a

ipt-pxd

guidance

MS+70 a

spread

coupon

3.125%

spread set

price

100.00000

yield

3.127%

book size (m)

2,000

peak book (m)

x-covered

2.86

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

2,000

peak book (m)

x-covered

2.86

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche #2Diageo Finance PLC

currency

EUR

size (m)

700.000

maturity

Aug 30, 2035

type

Fixed

tenor

11.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

A-

fitch

size description

re-open/tap

ipt

MS+120 a

ipt-pxd

guidance

MS+95 a

spread

coupon

3.375%

spread set

price

99.43100

yield

3.438%

book size (m)

1,900

peak book (m)

x-covered

2.71

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

1,900

peak book (m)

x-covered

2.71

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche #3Diageo Finance PLC

currency

EUR

size (m)

500.000

maturity

Aug 30, 2044

type

Fixed

tenor

20.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

A-

fitch

size description

re-open/tap

ipt

MS+160 a

ipt-pxd

guidance

MS+135 a

spread

130

coupon

3.75%

spread set

price

98.82800

yield

3.835%

book size (m)

1,500

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

1,500

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

6.5 yr: Book size: 2000; Registration: Reg S Only; Comments: EUR700m part of 3-tr bmk snr unsec RegS. A3/A-/NR. Citi/MS(B&D)/NatWest/Santan. IPTs 6.5yr MS+100 area. Guidance MS+70 area for total 1.9bn (max). Launch 700m at MS+65. Books 2bn+ (peak 6.5yr 2.5bn+). B+100.3 vs DBR 0 Feb 2031 (Px 87.295 / HR 105%). FTT 5pm. Par Call: 3m. Cleanup Call: 75%. MWC: B+15bps. LEI: BPF79TJMIH3DK8XCKI50; 11 yr: Book size: 1900; Registration: Reg S Only; Comments: EUR700m part of 3-tr bmk snr unsec RegS. A3/A-/NR. Citi/MS(B&D)/NatWest/Santan. IPTs 11yr MS+120 area. Guidance MS+95area for total 1.9bn (max). Launch 700m at MS+90. Books 1.9bn+. B+111.5 vs DBR 0% May 2035 (Px 78.195 / HR 110%). FTT 5pm Par Call: 3m. Cleanup Call: 75%. MWC: B+20bps. LEI: BPF79TJMIH3DK8XCKI50; 20 yr: Book size: 1500; Registration: Reg S Only; Comments: EUR500m part of 3-tr bmk snr unsec RegS. A3/A-/NR. Citi/MS(B&D)/NatWest/Santan. IPTs 20yr MS+160 area. Guidance MS+135area for total 1.9bn (max). Launch 500m at MS+130. Books 1.5bn+ (peak 20yr 1.6bn+). B+128.3 vs DBR 2.5% Jul 204 (Px 99.190 / HR 89%). Par Call: 6m. Cleanup Call: 75%. MWC: B+20bps. LEI: BPF79TJMIH3DK8XCKI50;

Guarantor(s)

Diageo PLC

Use of Proceeds

General Corporate Purposes

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