Anheuser Busch tenders for three series of dollar notes

By Wendy Van Sickle

Columbus, Ohio, June 29 – Anheuser Busch InBev SA/NV announced cash tender offers by its wholly owned subsidiary, Anheuser-Busch InBev Finance Inc., for any and all of three series of its notes.

The total of the outstanding principal amount of the three series is $3,753,000,000.

The following notes are included in the tender offer, with the considerations listed per $1,000 principal amount:

• $311 million floating-rate notes due 2021 (Cusip: 035242AK2) for a consideration of $1,007.50;

• $643 million 2.625% notes due 2023 (Cusip: 035242AA4) for a consideration of $1,051.25; and

• $2,799,000,000 3.3% notes due 2023 (Cusip: 035242AL0) for a consideration of $1,065.00.

Holders will also receive accrued interest.

Settlement is expected on July 7.

There is no minimum tender condition, but consummation of the offers are subject to some other conditions.

The offers were announced on June 25 and will expire at 5 p.m. ET on July 1.

Global Bondholder Services Corp. (866 470-3900, 212 430-3774 for contact@gbsc-usa.com) is the tender and information agent.

The dealer managers are BofA Securities, Inc. (704 560-7937 or 888 292-0070), Deutsche Bank Securities (212 250-2955 or 866 627-0391) and J.P. Morgan Securities LLC (212 384-2042 or 866 834-4666).

Anheuser Busch InBev announced a separate concurrent capped tender offer for up to €2 billion of four series of its notes, as previously reported.

The beer brewer is based in Leuven, Belgium.

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