DLA Piper advises Bacardi in US$1 billion notes offering

DLA Piper advised Bacardi-Martini B.V. (Bacardi), as the sole issuer in connection with its US$1 billion offering of notes. The notes include US$600 million aggregate amount of 5.550% notes due 2030 and US$400 million aggregate amount of 6.000% notes due 2035.

Bacardi, the largest privately-held international spirits company in the world, produces and markets internationally recognized spirits and wines. The Bacardi brand portfolio’s principal brands include BACARDÍ rum, PATRÓN tequila, MARTINI vermouth & sparkling wines, GREY GOOSE vodka, DEWAR’S Scotch whisky, BOMBAY gin, WILLIAM LAWSON’S Scotch whisky, a range of single malt Scotch whiskies, CAZADORES tequila, D’USSÉ cognac, ANGEL’S ENVY American straight whiskey (including bourbon and rye whiskies), ST-GERMAIN liqueur, and other spirits brands, as well as ready-to-drink and ready-to-serve offerings.

Jeff Baglio (San Diego) is the relationship partner for Bacardi. The transaction team was led by partner Jamie Knox (New York) and included partners Patrick O’Malley and associate Katerina Karaoglanova (San Diego) and Bianca LaCaille (Seattle).

DLA Piper’s global capital markets team represents issuers and underwriters in registered and unregistered equity, equity-linked and debt capital markets transactions, including initial public offerings, follow-on equity offerings, equity-linked securities offerings, and offerings of investments grade and high-yield debt securities.