Brown-Forman $600 million 3.5% and 4% notes issues

26/3/2018
Investment grade bond/note issue

$ 600 million

Completed

26/3/2018


Overview:

  • Spirits company Brown-Forman has issued $600 million in senior notes.
  • The issue consisted of $300 million 3.5% notes due 2025 and $300 million 4% notes due 2038.
  • Barclays Capital, Citigroup Global Markets, Merrill Lynch, Pierce, Fenner & Smith, US Bancorp Investments, JP Morgan Securities, PNC Capital Markets and Wells Fargo Securities acted as joint bookrunning managers.

Katrin Kostadinova - Data analyst

Jurisdiction:

United States

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

United States

Industry sector:

Food and beverage


Firms:

Party: Barclays (Underwriter)

Party: Bank of America Merrill Lynch (Underwriter)

Party: Citigroup (Underwriter)

Party: US Bancorp (Underwriter)

Lawyer: Andrew Pitts


Party: Brown-Forman (Issuer)