Loan & DebtAug 5, 2026, 10:06 AM
BAT Enters Underwriting Agreement for Debt Issuance
AI Summary
British American Tobacco p.l.c. announced that its subsidiary, B.A.T Capital Corporation, entered into an Underwriting Agreement on August 5, 2026. This agreement, with several major investment banks including Citigroup, Deutsche Bank, Goldman Sachs, Santander, and Wells Fargo, facilitates a new securities offering. Concurrently, Supplemental Indentures No. 26 and No. 27 were executed with Citibank, N.A. as Trustee, indicating the issuance of new debt.
Key Highlights
- Underwriting Agreement dated August 5, 2026, entered by B.A.T Capital Corporation.
- Agreement with Citigroup, Deutsche Bank, Goldman Sachs, Santander, and Wells Fargo.
- Supplemental Indenture No. 26 executed on August 5, 2026.
- Supplemental Indenture No. 27 executed on August 5, 2026.
- Citibank, N.A. serves as Trustee for the supplemental indentures.
- Information incorporated by reference into Form F-3 Registration Statement.
- Registrant is British American Tobacco p.l.c.
Price Impact
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