• Pernod Ricard completed a tender offer, accepting €319.4 million of September 2027 notes and €900 million of other existing notes.
• The transaction follows a €1.5 billion deeply subordinated notes issue, which will be accounted for entirely as equity.
• Two €750 million tranches carry fixed annual coupons of 5.63% for perpetual NC5.25 notes and 6.13% for perpetual NC8 notes.
• Purchased notes will be cancelled, with settlement expected on October 30, 2026.

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 28, 2026, and is solely responsible for the information contained therein.