New Issue-Anheuser-Busch Inbev sells $3 bln in 3 parts

Mon May 11, 2009 11:32pm BST
[-] Text [+]
  May 11 (Reuters) - Anheuser-Busch Inbev Worldwide Inc, a unit of Anheuser-Busch Inbev SA (ABI.BR: Quote, Profile, Research), late on Monday sold $3.0 billion in a three-part debt offering in the 144a private place
536870914
1835363956
  Bank of America, Barclays, BNP Paribas, Deutsche Bank,
and JP Morgan were the bookrunning managers for the sale.
BORROWER: ANHEUSER-BUSCH INBEV WORLDWIDE, INC
FIRST TRANCHE
AMT $1.55 BLN      COUPON 5.375 PCT    MATURITY 11/15/2014
TYPE NOTES         ISS PRICE 99.877    FIRST PAY 11/15/2009
MOODY'S Baa2       YIELD 5.401 PCT     SETTLEMENT 5/14/2009
S&P BBB-PLUS       SPREAD 337.5 BPS/   PAY FREQ SEMI-ANNUAL
FITCH N/A           MORE THAN TREAS    MAKE-WHOLE CALL 50 BPS
SECOND TRANCHE:
AMT $1.0 BLN       COUPON 6.875 PCT    MATURITY 11/15/2019
TYPE NOTES         ISS PRICE 99.624    FIRST PAY 11/15/2009
MOODY'S Baa2       YIELD 6.926 PCT     SETTLEMENT 5/14/2009
S&P BBB-PLUS       SPREAD 375 BPS/     PAY FREQ SEMI-ANNUAL
FITCH N/A           MORE THAN TREAS    MAKE-WHOLE CALL 55 BPS
THIRD TRANCHE:
AMT $450 MLN       COUPON 8.00 PCT     MATURITY 11/15/2039
TYPE BONDS         ISS PRICE 99.187    FIRST PAY 11/15/2009
MOODY'S Baa2       YIELD 8.072 PCT     SETTLEMENT 5/14/2009
S&P BBB-PLUS       SPREAD 390 BPS/     PAY FREQ SEMI-ANNUAL
FITCH N/A           MORE THAN TREAS    MAKE-WHOLE CALL 60 BPS


 
 
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