E-Malt.com News article: Belgium: AB InBev to sell three-part euro-denominated bond

World’s leading brewer Anheuser-Busch InBev SA/NV is planning to sell a three-part bond denominated in euros, a bank running the deal said on September, 18.

The size of all three bonds will be at least 500 million euros ($656.2 million) each.

Price guidance on the bond maturing in March 2017 was set in the area of 45 basis points over midswaps. The December 2019 bond is pricing in the area of 65 basis points, and the September 2024 in the area of 95 basis points.

The issuer is rated A3 by Moody's Investors Service, and A by both Standard and Poor's Corp. and Fitch Ratings.

BNP Paribas SA, Deutsche Bank, ING and Santander are lead managers on the deal.


19 September, 2012