British American Tobacco €3 billion notes issues

Overview:

• British American Tobacco has issued €3 billion in notes.
• The issue consisted of €800 million 0.375% notes due 2019; €800 million 0.875% notes due 2023, €800 million 1.250% notes due 2027 and; €600 million 2% notes due 2045.
• Barclays, Commerzbank, Deutsche Bank, ING, Lloyds Banking Group, UniCredit, SMBC Nikko Capital acted as bookrunners on all issues, with Santander acting as bookrunner on all except the 2% issue.

Rani Mehta - Journalist