Pernod Ricard to sign after deal twice oversubscribed

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Pernod Ricard to sign after deal twice oversubscribed

A €2.5bn transaction for Pernod Ricard, the French drinks firm, is expected to be signed on Wednesday after the deal was heavily oversubscribed. According to one banker the facility, which is being co-ordinated by BNP Paribas and JP Morgan, received commitments of around €5bn.

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