FTSE 100-listed drinks business Diageo has launched and priced a 3.25bn-dollar bond transaction.
The dollar-denominated bonds consist of $750m 0.625% notes due April 2016, $650m 1.13% notes due April 2018, $1.35bn 2.63% notes due April 2023 and $500m 3.88% notes due April 2043 under its US Debt Issuance Programme.
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Should the income protection age cap be lifted?You can only get income protection cover if you are below age 59. With people now working for longer, should the limit be raised?
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UK interest rate cut all but ruled outRates are expected to remain at 4.25% when the Bank of England announces its decision tomorrow
