The 2029 notes are Bacardi’s inaugural green bond notes

Davis Polk advised the joint bookrunners and representatives of the several initial purchasers in connection with the Rule 144A / Regulation S notes offering by Bacardi Limited and Bacardi-Martini B.V. of $400 million aggregate principal amount of 5.250% notes due 2029, $700 million aggregate principal amount of 5.400% notes due 2033 and $400 million aggregate principal amount of 5.900% notes due 2043. The 2029 notes offered were Bacardi’s inaugural green bond offering.

Bacardi, the largest privately held international spirits company in the world, produces and markets internationally recognized spirits and wines. The Bacardi Limited brand portfolio comprises more than 200 brands and labels, including BACARDÍ rum, GREY GOOSE vodka, PATRÓN tequila, DEWAR’S Blended Scotch whisky, BOMBAY SAPPHIRE gin, MARTINI vermouth and sparkling wines, CAZADORES 100% blue agave tequila, and other leading and emerging brands including WILLIAM LAWSON’S Scotch whisky, ST-GERMAIN elderflower liqueur and ERISTOFF vodka. Founded more than 162 years ago in Santiago de Cuba, family-owned Bacardi Limited currently employs approximately 9,000, operates production facilities in 10 countries and sells its brands in more than 160 markets.

The Davis Polk capital markets team included partner Derek Dostal and counsel Jennifer Ying Lan. Counsel Christopher A. Baratta provided tax advice. All members of the Davis Polk team are based in the New York office.