BAT hires for multi-currency, multi-tranche bond deal


By Laura BenitezLONDON, 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.
    BAT, rated Baa2/BBB+ (stable/stable) by Moody's and S&P,
respectively, has mandated Bank of America Merrill Lynch,
Barclays, Citigroup, Deutsche Bank, and HSBC for the potential
issuance of a multi-tranche USD-denominated senior unsecured
    It has appointed Deutsche Bank, ING, NatWest Markets,
Santander, and Societe Generale for the potential issuance of a
multi-tranche euro and/or sterling-denominated senior unsecured
    The tenors of the euro and/or sterling-denominated offering
will be four-years to 13-years, and tenors for the US
dollar-denominated offering will be three-years to 30-years.

 (Reporting By Laura Benitez)
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