E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 9/21/2020 in the Prospect News Liability Management Daily.

Anheuser-Busch to redeem notes due 2021, notes due 2022

By Taylor Fox

New York, Sept. 21 – Anheuser-Busch InBev SA/NV plans to redeem its £650 million 1.95% notes due 2021 (ISIN: BE6265141083), of which €526,513,000 is outstanding, and €2 billion 0.875% notes due 2022 (ISIN: BE6285452460), of which €1,644,076,000 is outstanding, on Oct. 8, according to a news release.

The 2021 notes will be redeemed at a make-whole price calculated using the reference Canadian bond plus 15 basis points.

The 2022 notes will be redeemed at a make-whole price calculated using the reference Canadian bond plus 20 bps.

The optional redemption amount on both notes will be based on the reference bond price as fixed on Oct. 5.

All notes redeemed will be canceled.

The beer brewer is based in Leuven, Belgium.


© 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.