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Pernod Ricard to redeem in full 1.875% notes due 2023 via new notes
By Rebecca Melvin
Concord, N.H., Sept. 29 – Pernod Ricard plans to redeem all of its existing €500 million 1.875% notes due September 2023, according to a company release on Wednesday.
The company is exercising its make-whole call option and will fund the buyback with the proceeds of new notes.
The wine and spirits producer is based in France.
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