RNS Number : 7863C
Merrill Lynch Intl (DTG) Syndicate
30 June 2016
30th June 2016
Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such
distribution would be unlawful.
Brown-Forman Corporation
Pre-stabilisation Period Announcement
Merrill Lynch International (contact: Carina Powolozky; telephone: 0044 207 995 3966) hereby
gives notice, as Stabilisation Coordinator, that the Stabilisation Manager(s) named below may stabilise the offer of the
following securities in accordance with Commission Delegated Regulation EU/960/2016 under the Market Abuse Regulation
(EU/596/2014).
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The securities:1
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Issuer:
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Brown-Forman Corporation
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Guarantor (if any):
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n/a
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Aggregate nominal amount:
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EUR 300mn [To be confirmed]
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Description:
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EUR 10yr Senior, Unsecured, SEC Registered
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Offer price:
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IPTs: MS+105 area
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Other offer terms:
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n/a
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Stabilisation:
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Stabilisation Manager(s):3
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Merrill Lynch International
Barclays Bank PLC
Citigroup Global Markets Limited
Deutsche Bank AG, London Branch
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Stabilisation period expected to start on:4
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30th June 2016
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Stabilisation period expected to end no later than:5
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30th July 2016 (30 days after the proposed issue date of the securities)6
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Existence, maximum size and conditions of use of over‑allotment
facility:7
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The Stabilisation Manager(s) may over allot the securities to the extent permitted in accordance with
applicable law8.
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Stabilisation trading venue:7bis
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Over the counter (OTC)
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This information is provided by RNS
The company news service from the London Stock Exchange
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