Bacardi Ltd, founded in 1862 and headquartered in Hamilton, Bermuda, is a leading global spirits company recognized for its premium quality rum and innovative cocktails. The company focuses on producing and marketing a diverse portfolio of renowned brands, including Bacardi Rum, Grey Goose Vodka, and Dewar's Scotch Whisky.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Bacardi began issuing bonds in the early 2000s, with significant issuances in 2015, raising $400 million to refinance existing debt and support growth initiatives. As of October 2023, Bacardi's bonds yield approximately 4.2%, which is competitive within the spirits industry. The company also gained media attention in September 2022 for successfully pricing a $750 million bond offering that included a unique sustainability-linked feature, reflecting its commitment to responsible sourcing and environmental stewardship.