Anheuser-Busch to redeem three series of senior notes due 2017

By Wendy Van Sickle

Columbus, Ohio, Nov. 9 – Anheuser-Busch InBev SA/NV called its €600 million of 8.625% notes, $1.2 billion of 1.125% notes issued by Anheuser-Busch InBev Finance Inc. and $2 billion of 2.45% notes issued by SABMiller Holdings Inc., all due in 2017, for redemption on Dec. 9.

The 1.125% notes and the 2.45% notes will be redeemed at a make-whole price equal to the greater of the principal amount of the notes and the sum of the values of the remaining scheduled payments of principal and interest discounted to the redemption date on a semiannual basis and plus 5 basis points for the 1.125% notes or plus 25 bps for the 2.45% notes.

The 8.625% notes will be redeemed at a make-whole price equal to the sum of the present values of the remaining scheduled payments of principal and interest discounted to the redemption date on an annual basis at a reference rate plus 85 bps.

The subsidiary of the Leuven, Belgium, beer maker Anheuser-Busch InBev is based in St. Louis.

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