British American Tobacco PLC (BATS.L)
18 Aug 2017
* NOTIFIED OF UNSOLICITED 'MINI-TENDER' OFFER BY TRC CAPITAL TO BUY UP TO 2 MILLION ADS OF BAT AT A PRICE OF $60.13 PER ADS IN CASH
* B.A.T CAPITAL CORP SAID IT SUCCESSFULLY PRICED US DOLLAR DENOMINATED ISSUE OF NOTES, RAISING PROCEEDS OF ABOUT $17.25 BILLION Source text for Eikon: Further company coverage:
LONDON, Aug 9 (IFR) - British American Tobacco 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.
LONDON, Aug 9 (IFR) - British American Tobacco has set guidance for a multi-tranche euro and sterling bond issue as it continues its funding spree to finance its US$49bn purchase of Reynolds American, acccording to lead managers.
LONDON, Aug 9 (IFR) - British American Tobacco 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.
LONDON, Aug 9 (IFR) - British American Tobacco has started marketing a multi-tranche euro and sterling bond issue as it continues its funding spree to finance its US$49bn purchase of Reynolds American.
LONDON, Aug 8 Investors are betting on a little-known biotech company to supply Big Tobacco with low-nicotine cigarettes, but so far its technology is unproven.
(The following statement was released by the rating agency) MILAN/CHICAGO, August 04 (Fitch) Fitch Ratings has downgraded British American Tobacco plc's (BAT) Long-Term Issuer Default Rating (IDR) to 'BBB' from 'A-' and removed it from Rating Watch Negative. The Outlook is Stable. The agency has also affirmed Reynolds American Inc's (RAI) IDR at 'BBB' and withdrawn the rating. A full list of rating actions is shown at the end of this commentary. The downgrade follows the completion of the merger
LONDON, Aug 4 (IFR) - Investors will try to exert pricing pressure on British American Tobacco next week when it seeks to raise an expected US$25bn-equivalent of bonds in the US and European markets in the middle of corruption probes and tobacco sector turmoil.
LONDON, Aug 4 (IFR) - British American Tobacco will hold investor calls for a potential multi-tranche US dollar, euro-denominated and/or sterling-denominated senior unsecured transaction from Monday August 7.