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Published on 1/2/2024 in the Prospect News Investment Grade Daily.

Imperial Brands: Imperial Tobacco released as guarantor of some notes

By Wendy Van Sickle

Columbus, Ohio, Jan. 2 – Imperial Brands Finance plc said Imperial Tobacco Ltd. was discharged as a guarantor and released from all obligations in respect of several series of notes.

The notes include the following notes issued by Imperial Brands Finance:

• $1 billion 3.125% senior notes due 2024 (Cusips: G471ABNU0, 45262BAA1);

• $1. 5 billion 4.25% senior notes due 2025 (Cusips: G4721VNU4, 453140AF2);

• $750, million 3.5% senior notes due 2026 (Cusips: G471ABNV8, 45262BAB9);

• $1 billion 6.125% senior notes due 2027 (Cusips: G471ABWD8, 45262BAF0);

• $1.05 billion 3.875% senior notes due 2029 (Cusips: G471ABNW6, 45262BAC7);

• £600 million 8.125% guaranteed notes due March 15, 2024 (ISIN: XS0387847576);

• £500 million 5.5% guaranteed notes due Sept. 28, 2026 (ISIN: XS0683568223);

• €650 million 3.375% guaranteed notes due Feb. 26, 2026 (ISIN: XS1040508241);

• £500 million 4.875% guaranteed notes due June 7, 2032 (ISIN: XS1040508597);

• €500 million 1.375% notes due Jan. 27, 2025 (ISIN: XS1558013360); and

• €750 million 2.125% notes due Feb. 12, 2027 (ISIN: XS1951313763).

The notes include the following notes issued by Imperial Brands Finance Netherlands BV:

• €1 billion 1.75% notes due March 18, 2033 (ISIN: XS2320459063); and

• €950 million 5.25% notes due Feb. 15, 2031 (ISIN: XS2586739729).

Imperial Brands Finance is a financing arm of Bristol, England-based tobacco company Imperial Brands plc.


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