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IN BRIEF: AB InBev offers to buy back bonds worth up to USD3 billion

12th Nov 2024 16:49

Anheuser-Busch InBev NV - Leuven, Belgium-based brewer - Offers to buy back bonds worth up to USD3 billion, including dollar notes, pound issues, and euro securities. Dollar-denominated bonds include 3.500% notes due 2030, 4.700% notes due 2036, another 4.700% notes due 2036, 4.375% notes due 2038, 4.350% notes due 2040, 3.750% notes due 2042, 4.000% notes due 2043, 4.625% notes due 2044, 4.900% notes due 2046, another 4.900% notes due 2046, 4.600% notes due 2048, 4.500% notes due 2050, 4.750% notes due 2058, and 4.600% notes due 2060. Pound-denomicated issues are 2.250% notes due 2029, and 2.850% notes due 2037. The euro bond is 2.000% notes due 2035.

AB InBev and its wholly-owned subsidiaries Anheuser-Busch InBev Worldwide Inc, Anheuser-Busch Cos LLC, and Anheuser-Busch InBev Finance Inc are making offers.

Current stock price in Johannesburg: ZAR1,015.00, down 1.2% on Tuesday

12-month change: down 9.2%

Current stock price in Brussels: EUR52.56. down 2.0%

12-month change: down 6.0%

By Artwell Dlamini, Alliance News reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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