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Headlines Tagged with BAT 7,403 headlines found

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[Europe] UPDATE 1-BAT begins marketing M&A bond

opened books on a four-part euro and sterling-denominated bond on Wednesday in a bid to complete its financing for the US$49bn purchase of Reynolds American. ...started marketing three benchmark sized euro-denominated tranches and a sterling benchmark pi
Reuters
added Aug 10, 2017 03:38
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[Europe, UK] BAT sets final terms for multi-tranche euro and sterling bond

has set final terms for a multi-tranche euro and sterling bond issue as it continues its funding spree to finance its US$49bn purchase of Reynolds American, according to lead managers. The cigarette maker, which on Tuesday raised US$17.25bn in the second
Reuters
added Aug 10, 2017 03:38
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4 Firms Guide British Tobacco Giant's Massive $17.25B Bond

announced an eight-part, $17.25 billion bond offering on Wednesday, the year's second-largest corporate debt sale, being steered by four law firms, to help fund its blockbuster $49.4 billion acquisition of U.S. rival Reynolds American Inc.
Law360
added Aug 10, 2017 03:38
3 Views

BAT Sells Second-Biggest Bond Issue of 2017 for Reynolds Deal

British American Tobacco Plc sold the second-largest bond deal of the year to finance its purchase of the portion of Reynolds American Inc. that it didn’t already own. BAT sold $17.25 billion of dollar-denominated debt in eight parts, the longest of whi
Bloomberg News
added Aug 10, 2017 03:29
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[UK] BAT's European bonds attract strong demand

tapped bond investors for the second time this week, attracting robust demand for the sale of sterling and euro-denominated debt, underlining positive momentum across European markets.
Financial Times (uk)
added Aug 10, 2017 00:35
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Smokers Feel Heat but Not the Burn -- WSJ

Three of the world's biggest tobacco firms are rolling out new, electronic tobacco-heating devices they say are healthier alternatives to traditional smoking, but feel more like puffing on a real cigarette. That is a sensation many smokers complain is mi
Fox Media
added Aug 9, 2017 13:55
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BAT taps investors in $15bn corporate bond sale

tapped investors for at least $15bn on Tuesday in one of the largest corporate bonds deals of the year, as low borrowing costs and a fierce appetite for debt help persuade companies to lever up.
Financial Times (uk)
added Aug 8, 2017 20:03
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BAT Plans One of 2017's Biggest Bond Deals

is coming to market with what might be the bond biggest deal of the year to refinance its buyout of Reynolds American Inc.
Bloomberg News
added Aug 8, 2017 15:26
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[Asia-pacific, Korea - South] BAT sets to roll out tobacco heating device Glo in Korea

BAT Korea will hold a press conference Thursday to promote its own heat-not-burn tobacco device Glo, and disclose when the device will be on sale here, company officials said Sunday.
Korea Herald (kr)
added Aug 7, 2017 18:07
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Institute of Economic Affairs

receiving funds from major tobacco companies whilst campaigning on tobacco related issues.British American Tobacco confirmed it had donated £40,000 to the institute in 2013... one of the three least transparent think tanks in the UK
Wikipedia
added Aug 7, 2017 11:50
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