Anheuser-Busch to redeem $1.18 billion more 2.5% notes on Nov. 12

By Sarah Lizee

Olympia, Wash., Oct. 11 – Anheuser-Busch InBev SA/NV said wholly owned subsidiary Anheuser-Busch InBev Worldwide Inc. plans to redeem $1,179,047,000 of its outstanding 2.5% notes due 2022 on Nov. 12, according to a press release.

As previously reported, the company said that it plans to redeem $1,704,047,000 of the notes on Oct. 29.

The notes will be redeemed at a redemption price equal to par plus a make-whole premium calculated using a discount rate of Treasuries plus 15 basis points plus accrued interest to the redemption date.

Following both redemptions, $454,047,000 of the notes will remain outstanding.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.