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Headlines Tagged with Reynolds American 7,639 headlines found

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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
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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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[Florida] FIELDS V. R.J. REYNOLDS, ET AL. UPCOMING

plaintiff claims defendant cigarette companies caused nicotine addiction and smoking-related illness by hiding the dangers of their products.
Courtroom View Network (CVN)
added Aug 10, 2017 01:27
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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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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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[North Carolina] Northwest Almanac: R.J. Reynolds' funeral brought city to a standstill

He was 68 and had been sick for a year. But the death of R.J. Reynolds 70 years ago, on July 29, 1918, was still a blow to Winston-Salem.
Winston-Salem (NC) Journal
added Aug 8, 2017 15:19
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[Virginia] This American Town Was Left to Die, and Suddenly Economists Care

South Boston's National Tobacco Festival was once a mammoth event. A promotional picture from 1938 is on display in the lobby of the Prizery building (now a performing arts center), where R.J. Reynolds Tobacco Company once pressed leaves into barrels.
Bloomberg News
added Aug 7, 2017 17:51
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Fitch Downgrades British American Tobacco to 'BBB'; Withdraws Reynolds American

The transaction makes it the largest tobacco company globally. However, it will be burdened by increased leverage, which may remain high and not consistent with 'BBB' category rating medians over the rating horizon despite positive free cash flow (FCF) ge
Fitch Ratings
added Aug 5, 2017 21:27
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