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Diageo reveals $1 2 billion credit facility for 2 pension funds amid U K liquidity crisis

British beverage company Diageo provided a $1.2 billion credit facility to two of its pension funds amid the U.K. liquidity crisis.

Diageo reveals $1 2 billion for 2 pension funds amid U K liquidity crisis

British beverage company Diageo provided a $1.2 billion credit facility to two of its pension funds amid the U.K. liquidity crisis.

Diageo discloses £1bn credit facility to schemes during LDI crisis

Diageo – the drinks company that owns brands such Johnnie Walker, Guinness and Smirnoff – provided an interim credit facility of £1bn for two of its pension schemes as a result of the liability-driven investment (LDI) crisis.

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