Anheuser-Busch InBev to redeem $1.25 billion 7.2% notes due 2014

By Melissa Kory

Cleveland, May 19 - Anheuser-Busch InBev Worldwide Inc. announced that it will redeem its outstanding $1.25 billion of 7.2% notes due 2014

The notes will be redeemed on June 20.

Bank of New York Mellon is the redemption agent.

As a result of this transaction, non-recurring finance costs of around $180 million will be recognized during the second quarter of 2011.

The brewery is based in Leuven, Belgium.

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