Investing.com raises €1.5 billion in two tranches



PARIS–(BUSINESS WIRE)–Supervision News:

Pernod Ricard (EPA:) (Paris: RI):

Press release “Paris, April 30, 2024

Not for distribution, directly or indirectly, in Canada or Japan. Distribution of this document may be restricted by law in certain jurisdictions. Persons in possession of this document must inquire about and comply with potential local restrictions. This document does not constitute an offer, a solicitation of an application, an offer or a solicitation to purchase or subscribe for any securities in the United States or any other jurisdiction. The securities may not be offered or sold within the United States, or to or for the benefit of U.S. persons (as defined in Regulation S under the U.S. Securities Act of 1933), unless registered under or exempt from registration under the U.S. Securities Act of 1933, as amended . Pernod Ricard does not intend to register all or part of the offer detailed in the press release in the United States, nor does it intend to make any public offer in the United States.

Amount (Euro)

maturity

precipitation

coupon

yield

requote spread

700,000,000

November 7, 2030

May 7, 2024

3.375%

3.528%

70 basis points

800,000,000

May 7, 2034

May 7, 2024

3.625%

3.721%

92 basis points

Pernod Ricard's long-term senior debt is rated Baa1 (stable outlook) by Moody's (NYSE:) and BBB+ (stable outlook) by Standard & Poor's. billion euros.

Favorable market conditions and positive investor reaction to the issuance led Pernod Ricard to price the issuance at a coupon rate of 3.375% for the 6.5-year bonds and 3.625% for the 10-year bonds.

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The net proceeds from the offering will be used by Pernod Ricard for its general corporate purposes.

The placement is open to qualified investors.

The bond will apply for approval to trade on Euronext Paris.

The bond is expected to receive a Baa1 rating from Moody's and a BBB+ rating from Standard & Poor's.

Citigroup, Crédit Agricole (OTC:) CIB, Deutsche Bank, Goldman Sachs Europe, HSBC, JPMorgan Chase, Natixis et Société Générale are the joint bookrunners on the bond issuance.

About Pernod Ricard

Pernod Ricard is a global leader in the spirits and wine industry, blending traditional craftsmanship with state-of-the-art brand building and global distribution technology. Our prestigious portfolio of premium to luxury brands includes Absolut Vodka, Rica Oisette, Ballantine's, Chivas Regal, Royal Salute, Glenlivet Scotch Whiskey, Jameson Irish Whiskey, Martell Cognac, Havana Club Rum wine, Beefeater gin, Malibu liqueur and Mumm and Perrier-Jouét Champagne. Our mission is to ensure the long-term growth of our brand with full respect for people and the environment, while empowering our employees around the world to be ambassadors of our culture of true joy that is purposeful, inclusive and responsible. Pernod Ricard's consolidated sales in fiscal year 2023 reached 12.137 billion euros.

Pernod Ricard is listed on Euronext (ticker: RI; ISIN: FR0000120693) and is part of the Eurostoxx 50 index.

Florence Tresarrieu / Senior Vice President, Global Investor Relations and Finance +33 (0) 1 70 93 17 03
Edward Meyer/Director Investor Relations +33 (0) 6 76 85 00 45
Ines Lo Franco / Investor Relations Manager +33 (0) 6 49 10 33 54
Emmanuel Vouin / Head of External Cooperation+33 (0) 1 70 93 16 34

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Source: Pernod Ricard





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