Budweiser to issue extra $1.2bn bonds
Brussels - AFP
The world's leading brewer, AB InBev, said on Friday it was issuing another 1.2 billion in bonds in Canadian dollars, fresh from a $4.0-billion issue announcement on Tuesday. The additional issue, worth some 900 million euros ($1.2 billion), is offered in two parts: 600 million Canadian dollars with a redemption date of 2018 and an interest rate of 2.375 percent; and the other half by 2023 at 3.375 percent. Again, the financing raised will be used for the company's general needs, it said.
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