Press Release FeedGet the RSS feed
Menu

Business Wire

Pernod Ricard Announces the Launch of a Tender Offer on Seven Existing Series of Notes Maturing in September 2027, October 2027, November 2028, April 2030, November 2030, March 2032 and November 2032, and Announces Its Intention ...

Business Wire

PARIS, October 20, 2026--

Pernod Ricard Announces the Launch of a Tender Offer on Seven Existing Series of Notes Maturing in September 2027, October 2027, November 2028, April 2030, November 2030, March 2032 and November 2032, and Announces Its Intention to Issue New Deeply Subordinated Notes

Regulatory News:

Pernod Ricard (Paris:RI):

Press Release – Paris, 20 October 2026

Pernod Ricard (the "Company") announces today the launch of a tender offer on its existing series of (i) €600,000,000 3.750 per cent. Notes maturing on 15 September 2027 (ISIN: FR001400KPB4) (the "September 2027 Notes"), (ii) €500,000,000 0.500 per cent. Notes maturing on 24 October 2027 (ISIN: FR0013456431) (the "October 2027 Notes"), (iii) the €600,000,000 3.250 per cent. sustainability-linked notes maturing on 2 November 2028 (ISIN: FR001400DOV0) (the "November 2028 Notes"), (iv) €1,000,000,000 1.750 per cent. Notes maturing on 8 April 2030 (ISIN: FR0013506532) (the "April 2030 Notes"), (v) €700,000,000 3.375 per cent. Notes maturing on 7 November 2030 (ISIN: FR001400PX40) (the "November 2030 Notes"), (vi) €800,000,000 3.250 per cent. Notes maturing on 3 March 2032 (ISIN: FR001400XRB3) (the "March 2032 Notes") and (vii) the €500,000,000 3.750 per cent. sustainability-linked notes maturing on 2 November 2032 (ISIN: FR001400DP44) (the "November 2032 Notes").

In parallel, the Company announces its intention to issue new undated deeply subordinated notes denominated in euro under its EMTN programme (the "New Notes").

The tender offer is subject to the terms and conditions set out in the Tender Offer Memorandum dated 20 October 2026, including the successful completion of the issue of New Notes. In particular, in respect of the October 2027 Notes, the November 2028 Notes, the April 2030 Notes, the November 2030 Notes, the March 2032 Notes and the November 2032 Notes (the "Capped Notes"), the tender offer is subject to a maximum acceptance amount equal to the aggregate principal amount of the New Notes less €600,000,000, subject to right of the Company to increase or decrease such amount in its sole and absolute discretion. The September 2027 Notes are not subject to this maximum acceptance amount, and the Company intends to repurchase all of the September 2027 Notes validly tendered, subject to the successful completion of the issue of the New Notes.

The purpose of the tender offer and of the intended issuance of New Notes is, among other things, to proactively manage the Company's capital structure and expected redemption profile. The tender offer also provides noteholders with the opportunity to sell their current holdings and to apply for priority in the allocation of the New Notes.

  1. ExtelJ.P. Morgan Stays Top of Extel’s All-America Equities Research TableExtel's 55th annual survey reveals J.P. Morgan, BofA Securities and Morgan Stanley as the top US research providers. Jefferies leads the analyst leaderboard with BofA and Evercore tied for second. NEW YORK, October 20, 2026--Extel, the leading provider of market sentiment in the financial industry, has
  2. European Wealth Firms Build Private Markets Capability Faster Than They Communicate It, Peregrine Report FindsCapability outpaces communication: 73% of the 30 firms show visible private markets engagement, yet only 40% have a dedicated landing page explaining it to clients Swiss private banks set the benchmark: 70% maintain dedicated private markets destinations, led by Julius Baer, UBP, Pictet and Lombard Odier Visibility is con
  3. AIInfobip and Yamaha Power Conversational Customer Engagement in Indonesia’s Automotive SectorVODNJAN, Croatia, October 20, 2026--Global AI-first cloud communications platform Infobip strengthens its collaboration with Yamaha Indonesia Motor Manufacturing (YIMM) to transform customer engagement through WhatsApp-powered conversational experiences designed to drive stronger personalization and fa
  4. Kyckr appoints new Head of Product to spearhead service expansionJack Rawden will lead product expansion across risk signals, registry intelligence and perpetual KYB The appointment continues the reshaping of Kyckr's senior team under CEO Steve Lamb, following the appointment of Ian Jones as Chief Technology Officer Kyckr has been named a Category Leader for KYC Data Solutions by Chart
  5. FinanceAugust Breaks UK Credit Card Record as Balances SoarFICO UK Credit Card Market Report suggests risk teams must closely monitor payment rates and overlimit usage as rising inflation adds to financial pressure for consumers LONDON, October 20, 2026--According to data analysis from global analytics software leader FICO (NYSE: FICO), average active UK credi
  6. AIOnly 8% of insurance BPO users would renew their contracts as-isInsurance outsourcing contracts are being reopened as buyers seek AI-led efficiency and stronger strategic value. HAMILTON, Bermuda, October 20, 2026--Only 8% of surveyed insurance organizations using business process outsourcing (BPO) would renew their contracts as-is. Among the 110 BPO users in the s