• Pernod Ricard plans to issue euro-denominated undated deeply subordinated notes under its EMTN programme.
• A concurrent tender offer covers €4.7 billion of existing notes maturing between September 2027 and November 2032, conditional on successful issuance.
• Acceptance for six series is capped at the new issuance’s principal amount less €600 million, subject to adjustment.
• All validly tendered September 2027 Notes will be repurchased outside that cap, subject to successful issuance.
• The tender closes October 27, 2026, at 4 p.m. Paris time; results are expected October 28.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pernod Ricard SA published the original content used to generate this news brief on October 20, 2026, and is solely responsible for the information contained therein.