Anheuser Busch to accept tenders for €1.07 billion of four note series

By Sarah Lizee

Olympia, Wash., July 6 – Anheuser Busch InBev SA/NV announced the results of its cash tender offers for up to €2 billion of four series of notes, according to a London Stock Exchange notice.

The following notes were tendered under the offer by the expiration date, 11 a.m. ET on July 2:

• €230,628,000 of the €750 million 4% notes due 2021 (ISIN: BE6221503202);

• €123,487,000 of the €650 million 1.95% notes due 2021 (ISIN: BE6265141083);

• €355,924,000 of the €2 billion 0.875% notes due 2022 (ISIN: BE6285452460); and

• €355,669,000 of the €1 billion 0.8% notes due 2023 (ISIN: BE6276039425).

The company said it will accept all €1,065,708,000 of the tendered notes for purchase.

The purchase price is 103.663 for the 4% notes, 102.466 for the 1.95% notes, 101.567 for the 0.875% notes and 102.371 for the 0.8% notes.

For each series, pricing was set using a purchase yield of negative 0.05%.

Holders will also receive accrued interest.

Settlement was set for July 7.

The dealer managers are BNP Paribas (+33 1 55 77 78 94 or liability.management@bnpparibas.com) and Deutsche Bank AG (+44 20 7545 8011), and the tender agent is Lucid Issuer Services Ltd. (+ 44 20 7704 0880, ab-inbev@lucid-is.com).

The beer brewer is based in Leuven, Belgium.

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