Pernod Ricard Successfully Completes €1.2 Billion of Bond Issuance

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Pernod Ricard (Paris:RI), the long-term senior debt of which is rated Baa1 (stable outlook) by Moody’s and BBB+ (stable outlook) by Standard & Poor’s, has today set the terms of a new Euro-denominated bond issue for an aggregate amount of €1 billion across a dual tranche of long 7-Year and long 11-Year.

The favourable market conditions and the positive reception from investors to the issuance allowed Pernod Ricard to price the issuance at a coupon of 3.25% on the long 7-Year tranche and 3.75% on the long 11-Year tranche.

In addition, Pernod Ricard issued a two-year private placement for an aggregate amount of €200m.

The average coupon of the overall €1,2bn bond issuance is 3.30% with an average maturity of 8 years.

The net proceeds of the bond issuance will be used for general corporate purposes of Pernod Ricard.

Placement was made across qualified investors.

An application will be made for the bonds to be admitted to trading on Euronext Paris.

The bonds are expected to be rated Baa1 by Moody’s and BBB+ by Standard & Poor’s.

About Pernod Ricard

Pernod Ricard is a worldwide leader in the spirits and wine industry, blending traditional craftsmanship, state-of-the-art brand-building, and global distribution technologies. Our prestigious portfolio of premium to luxury brands includes Absolut vodka, Ricard pastis, Ballantine’s, Chivas Regal, Royal Salute, and The Glenlivet Scotch whiskies, Jameson Irish whiskey, Martell cognac, Havana Club rum, Beefeater gin, Malibu liqueur and Mumm and Perrier-Jouët champagnes. Our mission is to ensure the long-term development of our brands with full respect for people and the environment, while empowering our employees around the world to be ambassadors of our purposeful, inclusive and responsible culture of authentic conviviality. Pernod Ricard’s consolidated sales amounted to €10,959 million in fiscal year FY25.

Pernod Ricard is part of the CAC 40 index.

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