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British American Tobacco PLC - London-based maker of cigarette and vaping products - Says subsidiary BAT Capital Corp prices $750.0 million notes due 2033, with a 4.625% coupon. Says bonds will be ‘fully and unconditionally’ guaranteed by BAT, BAT International Finance PLC, BAT Netherlands Finance BV and Reynolds American Inc. Expects the issuance of the notes to close on Monday next week. BAT intends to use the net proceeds for general corporate purposes, including the potential repayment of existing indebtedness. Current stock price in London: 4,096.00 pence, up 0.7% on Friday 12-month change: up 45% Current stock price in Johannesburg: R 959.31, up 0.7% 12-month change: up 47% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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