Spirits maker Diageo to raise $2.5 billion from debt offering

(Reuters) - Diageo , the world's largest spirits maker, launched a $2.5 billion bond offering on Tuesday, weeks after suspending its share buyback programme in response to the coronavirus crisis.The Johnnie Walker whisky maker said the offering will be in three tranches: $750 million at a fixed rate of 1.375% due 2025, $1 billion at 2% due 2030 and another $750 million at 2.125% due 2032.It plans to use the proceeds for general corporate purposes.