ISIN.net blog update is courtesy of Reuters. Belgium based, multinational beverage and brewing company, Anheuser-Busch (ISIN Code: BE0003793107), priced a multi tranche deal on Monday. The details of the deal are provide by Reuters and is given below:
Following are terms and conditions of a multi tranche deal priced on Monday.
Borrower Anheuser-Busch InBev SA/NV
(Anheuser-Busch)
* * * *
Tranche 1
Issue Amount 750 million euro
Maturity Date October 19, 2018
Coupon 3-month euribor + 25 basis points
Reoffer price Par
Discount Margin 3-month stibor + 25 bps
ISIN BE6276038419
* * * *
Tranche 2
Issue Amount 1.0 billion euro
Maturity Date April 20, 2023
Coupon 0.8 pct
Reoffer price 99.50
Reoffer yield 0.865 pct
Spread 45 basis points
Underlying govt bond Over midswaps,equivalent to 84.8 bps
Over the 1.5 pct 2023 DBR
ISIN BE6276039425
* * * *
Tranche 3
Issue Amount 1.25 billion euro
Maturity Date April 18, 2030
Coupon 1.5 pct
Reoffer price 99.137
Reoffer yield 1.565 pct
Spread 85 basis points
Underlying govt bond Over midswaps,equivalent to 126.6 bps
Over the 4.75 pct 2028, DBR
ISIN BE6276040431
* * * *
Common terms
Guarantor Anheuser-Busch Companies, Inc,
Anheuser-Busch InBev Worldwide Inc &
Anheuser-Busch InBev Finance Inc
Payment Date April 20,2015
Lead Manager(s) Barclays Plc, BNPP & DB
Ratings A2 (Moody’s)
Listing London Listing
Denoms (K) 1
Notes Launched under issuer’s EMTN programme Security details and RIC, when available, will be on Customers can right-click on the code for performance analysis of this new issue For ratings information, double click on For all bonds data, double click on For Top international bonds news For news about this issuer, double click on the issuer RIC, where assigned, and hit the newskey.