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SAB - SABMiller plc - SABMiller Bond Issue

Release Date: 11/01/2012 09:00
Code(s): SAB
Wrap Text

SAB - SABMiller plc - SABMiller Bond Issue JSEALPHA CODE: SAB ISSUER CODE: SOSAB ISIN CODE: GB0004835483 11 January 2012 SABMiller Bond Issue SABMiller plc (the "Company") announces that its wholly-owned subsidiary SABMiller Holdings Inc. (the "Issuer") has successfully priced a US$7,000,000,000 bond issue. The notes (the "Notes") will be guaranteed by the Company and will be issued pursuant to Rule 144A and Regulation S under the US Securities Act of 1933, as amended (the "Act"), in four tranches: US$1,000,000,000 of 2015 year notes with a coupon of 1.850% US$2,000,000,000 of 2017 year notes with a coupon of 2.450% US$2,500,000,000 of 2022 year notes with a coupon of 3.750% US$1,500,000,000 of 2042 year notes with a coupon of 4.950% The net proceeds will be used by the Issuer to repay in part its bank borrowings incurred to finance the acquisition of Foster`s Group Limited in December 2011. Commenting on the issue, Jamie Wilson, Chief Financial Officer of SABMiller said: "We were very pleased by the high level of demand from bond investors in response to this offering, and the pricing achieved, which we believe is a reflection of the strengths of the SABMiller Group and our attractive profile of brands and businesses." This announcement may not be distributed, directly or indirectly, in or into the United States, Canada, Australia or Japan. It does not constitute an offer to sell or the solicitation of an offer to buy securities referred to herein or an invitation or inducement to purchase such securities. The Notes have not been and will not be, registered under the Act and may not be offered or sold in the United States (as such term is defined in Regulation S under the Act) unless they are registered under the Act or pursuant to an exemption from registration. No public offer of the Notes is being made in the United States. This announcement does not constitute or form part of any offer or any solicitation to purchase nor shall it, or the fact of its distribution, form the basis of, or be relied on, in any purchase. This announcement and any subsequent offer of securities may be restricted by law in certain jurisdictions and persons receiving this announcement or any subsequent offer should inform themselves about and observe any such restriction. Failure to comply with such restrictions may violate securities laws of any such jurisdiction. Any application for or purchase of securities issued by the Issuer should only be made on the basis of the information contained in the formal prospectus expected to be issued on 11 January 2012 and any supplement or amendment thereto. The prospectus will contain detailed information about the Issuer, the Company and their management, as well as financial statements and other financial data relating to the Company. ENDS Notes: About SABMiller plc SABMiller is one of the world`s largest brewers with brewing interests and distribution agreements across six continents. The group`s wide portfolio of brands includes global brands such as Pilsner Urquell, Peroni Nastro Azzurro, Miller Genuine Draft, and Grolsch, as well as leading local brands such as Aguila, Castle, Miller Lite, Snow, Tyskie and Victoria Bitter. SABMiller is also one of the world`s largest bottlers of Coca-Cola products. In the year ended 31 March 2011, the group reported US$4,491 million adjusted pre-tax profit and group revenue of US$28,311 million. SABMiller plc is listed on the London and Johannesburg stock exchanges. This announcement is available on the company website: www.sabmiller.com High resolution images are available for the media to view and download free of charge from the News and Media section of www.sabmiller.com or www.newscast.co.uk Contact SABMiller Tel:+44207659 0100 plc Sue Clark Director of Corporate Tel: +442076590184 Affairs David Mallac Group Treasurer Tel:+441483 264187 Gary Senior Vice President, Tel: +4427659 0174 Leibowitz Investor Relations Nigel Head of Media Relations Tel:+447799 894265 Fairbrass Date: 11/01/2012 09:00:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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