Financing ·
British American Tobacco priced a $1.5 billion offering of guaranteed debt securities, consisting of $750 million in…
BTAFFBritish American Tobacco p.l.c.
British American Tobacco priced a $1.5 billion offering of guaranteed debt securities, consisting of $750 million in 5.300% Notes due 2033 and $750 million in 5.550% Notes due 2036, with closing expected on August 5, 2026. The company announced management board changes: Luciano Comin will step down as Chief Marketing Officer on February 28, 2027; Pascale Meulemeester succeeds him effective March 1, 2027; and Celina Li joins as Regional Director for APMEA effective January 1, 2027. The filing also includes routine disclosures of share repurchases under an existing programme, minor executive share transactions, and capital updates. British American Tobacco is a global consumer goods company that manufactures cigarettes and smokeless alternatives.