News
SABMiller Plans First U.S. Debt Since 2008 for Foster’s Purchase
SABMiller Plc, the world’s second- biggest brewer by volume, is tapping the U.S. corporate bond market for the first time since 2008 as it seeks to pay back debt tied to last year’s acquisition of Foster’s Group Ltd. The company may issue senior unsecured debt in benchmark size, typically at least $500 million. SABMiller’s purchase of Australia’s Foster’s, valued at A$12.4 billion ($12.8 billion) and completed last month, is the biggest takeover of a brewer since InBev NV bought Anheuser- Busch Cos. for $52 billion in 2008 to create No. 1 brewer Anheuser-Busch InBev NV.
written on 10.01.2012 um 21:17.
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