After the merger had taken position, Diageo was rated a credit score of A+ and therefore it compensated reduce yields. The corporation also experienced the opportunity to borrow short term professional paper and it did so by borrowing forty seven% of the overall credit card debt, which was in the form of short term professional paper with 6 months to one 12 months maturities.
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Hence, the funds construction which was becoming preserved by Diageo was also considered as the most conservative capital structure as compared to the opponents on the market.
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