![#](https://e-malt.com/Images/left_top_corner16x200.gif) | E-Malt.com News article: World: AB InBev launches $3.25 billion four-part note sale - report![Brewery news](https://e-malt.com/Images/BeerBullet2.gif)
Anheuser-Busch InBev Worldwide on March 24 launched a $3.25 billion four-part note sale, IFR, a Thomson Reuters service, reported on the same day.
The offering includes $500 million of three-year floating-rate notes and is expected to have a coupon rate of 73 basis points over the three-month London interbank offered rate and $1.0 billion of three-year fixed-rate notes expected to yield 87.5 basis points over comparable U.S. Treasuries.
It also includes $750 million of five-year fixed-rate notes expected to yield 108 basis points more than U.S. Treasuries and $1.0 billion of 10-year notes expected to yield 123 basis points over Treasuries.
The active joint-lead managers on the sale are Bank of America Merrill Lynch, Barclays, BNP Paribas and JPMorgan.
Proceeds will be used to repay debt and for general corporate purposes, an undisclosed source said.
26 March, 2010
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