27th Nov 2024 06:49
Anheuser-Busch InBev NV - Leuven, Belgium-based brewer - Prices its bond buyback offers for up to USD3.5 billion. Expects an early settlement date for all notes validly tendered to be on Tuesday next week. 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. AB InBev first announced offers early this month.
AB InBev says it and subsidiaries will accept for purchase all of the 2.850% notes due 2037; 3.750% notes due 2042; 4.000% notes due 2043; 2.250% notes due 2029; 2.000% notes due 2035; 4.350% notes due 2040; 4.600% Notes due 2060; 4.500% Notes due 2050, 4.600% Notes due 2048; 4.625% notes due 2044; 4.750% notes due 2058; and 4.375% notes due 2038 validly tendered.
Companies will accept for purchase USD382,294,000 aggregate principal amount of the 4.900% notes due 2046 validly tendered. Any 4.900% notes due 2046 not accepted for purchase will be returned promptly to holders following the early settlement date. Companies will not accept for purchase any 4.900% notes due 2046; 3.500% notes due 2030; 4.700% notes due 2036; and 4.700% notes due 2036 tendered in the offers. All 4.900% notes due 2046, 3.500% notes due 2030, 4.700% notes due 2036 and 4.700% notes due 2036 will be returned promptly to holders.
Stock price in Johannesburg: ZAR984.14
12-month change: down 16%
Stock price in Brussels: EUR51.28
12-month change: down 10%
By Artwell Dlamini, Alliance News reporter
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