New Issue- BAT prices 650 mln stg 2026 bond
Sep 2(Reuters) -Following are terms and conditions
of a bond priced on Monday.
Borrower BAT International Finance p.l.c.
Guarantor British American Tobacco p.l.c.
British American Tobacco Holdings (The Netherlands) B.V.
Issue Amount 650 million sterling
Maturity Date September 4, 2026
Coupon 4.0 pct
Issue price 98.096
Reoffer price 98.096
Spread 120 basis points
Underlying govt bond Over the 5.0 pct March 2025 UKT
Payment Date September 6, 2013
Lead Manager(s) BNP paribas (Milan: BNP.MI - news) , JPMorgan (LSE: JPIU.L - news) , Lloyds Bank
& Societe Generale CIB
Ratings A3 (Moody's), A- (S&P),
A- (Fitch)
Listing London
Full fees Undisclosed
Denoms (K) 100-1
Governing Law English
Notes Launched under issuer's EMTN programme
ISIN XS0969309847
Security details and RIC, when available, will be
on
Customers can right-click on the code for
performance analysis of this new issue