Largest euro deal for Diageo buy-back

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Largest euro deal for Diageo buy-back

Diageo Chief Exec Menezes with Huge Bottles
Ivan Menezes, chief executive of Diageo at their headquarters in Edinburgh where he announced a £150 million investment over three years to "transform" its Scotch whisky visitor experiences. | Andrew Milligan/PA Wire/PA Images

British drinks manufacturer Diageo sold its largest euro corporate bond deal to date on Monday, when it sold a €2bn triple tranche deal. The proceeds are expected to be used to fund the share buy-back programme the company announced earlier in 2018.

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