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ANHEUSER-BUSCH INBEV SA/NV - Anheuser-Busch InBev announces a solicitation of participation to general bondholder meetings

Release Date: 06/05/2016 08:01
Code(s): ANB     PDF:  
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Anheuser-Busch InBev announces a solicitation of participation to general bondholder meetings

Anheuser-Busch InBev SA/NV
(Incorporated in the Kingdom of Belgium)
Register of Companies Number: 0417.497.106.
Euronext Brussels Share Code: ABI
Mexican Stock Exchange Share Code: ABI
NYSE ADS Code: BUD
JSE Share Code: ANB
ISIN: BE0003793107
(“AB InBev” or “the Company”)

 The enclosed information constitutes regulated information as defined in the Belgian Royal Decree of
 14 November 2007 regarding the duties of issuers of financial instruments which have been admitted for
 trading on a regulated market.


 Anheuser-Busch InBev announces a solicitation of participation
 to general bondholder meetings
 Anheuser-Busch InBev (“AB InBev” or the "Company") (Euronext: ABI) (NYSE: BUD) (MEXBOL: ABI) (JSE:
 ANB) announced today that it has launched a noteholder consent solicitation process (the "Participation
 Solicitation"). The Company has sent meeting invitations to the holders of each Series of the Notes listed
 below (each a "Series" and together the "Notes") to consent to certain modifications of the terms and
 conditions (the "Conditions") of the relevant Series, in connection with the proposed combination (the
 "Combination") of the Company with SABMiller plc ("SABMiller").


 The Noteholders of each Series are being asked to approve a resolution (the "Resolution") to align such
 Conditions with the terms and conditions set out in the base prospectus dated 13 January 2016 in connection
 with the €40,000,000,000 Euro Medium Term Note Programme of the Company to allow for the Combination,
 all as further described in the participation solicitation memorandum dated 6 May 2016 prepared by the
 Company (the "Participation Solicitation Memorandum"). The Participation Solicitation Memorandum has
 been published on our website.


 For the avoidance of doubt, the approval of the relevant Resolution is not a condition precedent to the
 Combination.
Relevant Notes
                                                            Outstanding
    Series       ISIN              Description            nominal amount1      Specified Denominations
      2      BE0934985020    EUR 600,000,000 8.625%       EUR 600,000,000        EUR 50,000 and integral
                             Notes due 30 January 2017                          multiples of EUR 1,000 in
                                                                                     excess thereof
      3      BE0934986036   £550,000,000 9.750% Notes       £550,000,000      £75,000 and integral multiples
                                 due 30 July 2024                              of £1,000 in excess thereof
      8      BE6000183549   £750,000,000 6.500% Notes       £750,000,000                 £1,000
                                 due 23 June 2017
      9      BE6000782712    EUR 750,000,000 4.000%       EUR 750,000,000              EUR 1,000
                              Notes due 26 April 2018
     10      BE6221503202    EUR 750,000,000 4.000%       EUR 750,000,000              EUR 1,000
                               Notes due 2 June 2021
     11      BE6243181672    EUR 750,000,000 1.250%       EUR 750,000,000              EUR 1,000
                             Notes due 24 March 2017
     12      BE6243180666    EUR 750,000,000 2.000%       EUR 750,000,000              EUR 1,000
                            Notes due 16 December 2019
     13      BE6243179650    EUR 750,000,000 2.875%       EUR 750,000,000              EUR 1,000
                              Notes due 25 September
                                       2024
     14      BE6248644013    EUR 500,000,000 3.250%       EUR 500,000,000       EUR 100,000 and integral
                             Notes due 24 January 2033                          multiples of EUR 1,000 in
                                                                                     excess thereof
     15      BE6258027729    EUR 750,000,000 2.250%       EUR 750,000,000       EUR 100,000 and integral
                              Notes due 24 September                            multiples of EUR 1,000 in
                                       2020                                          excess thereof
     16      BE6258029741   £500,000,000 4.000% Notes       £500,000,000          £100,000 and integral
                              due 24 September 2025                           multiples of £1,000 in excess
                                                                                         thereof
     17      BE6265140077    EUR 850,000,000 Floating     EUR 850,000,000       EUR 100,000 and integral
                            Rate Notes due March 2018                           multiples of EUR 1,000 in
                                                                                     excess thereof
     18      BE6265141083    EUR 650,000,000 1.950%       EUR 650,000,000       EUR 100,000 and integral
                              Notes due 30 September                            multiples of EUR 1,000 in
                                       2021                                          excess thereof
     19      BE6265142099   EUR 1,000,000,000 2.700%      EUR 1,000,000,000     EUR 100,000 and integral
                             Notes due 31 March 2026                            multiples of EUR 1,000 in
                                                                                     excess thereof
     20      BE6276038419    EUR 750,000,000 Floating     EUR 750,000,000              EUR 1,000
                            Rate Notes due October 2018
     21      BE6276039425   EUR 1,000,000,000 0.800%      EUR 1,000,000,000            EUR 1,000
                              Notes due 20 April 2023
     22      BE6276040431   EUR 1,250,000,000 1.500%      EUR 1,250,000,000            EUR 1,000
                                                                   Outstanding
       Series       ISIN                 Description             nominal amount1     Specified Denominations
                                    Notes due 18 April 2030
   1
       Neither the Company nor any Guarantor holds any outstanding amount of the Notes


Further Information
A complete description of the terms and conditions of the Participation Solicitation is set out in the Participation
Solicitation Memorandum. A copy of the Participation Solicitation Memorandum is available to Noteholders upon
request     from   the     Tabulation   Agent     and     from   the   Company's   website    at   http://www.ab-
inbev.com/investors/fixed-income-information.html.


Before making a decision with respect to the Participation Solicitation, Noteholders should carefully
consider all of the information in the Participation Solicitation Memorandum and, in particular, the
risk factors described in the section entitled "Certain Considerations Relating to the Participation
Solicitation and the Meetings".


Further details about the Participation Solicitation can be obtained from:


The Solicitation Agents
BNP Paribas
10 Harewood Avenue
London NW1 6AA
United Kingdom


Telephone: +44 20 7595 8668
Attention: Liability Management Group
Email: liability.management@bnpparibas.com


Deutsche Bank AG, London Branch
Winchester House
1 Great Winchester Street
London EC2N 2DB
United Kingdom


Telephone: +44 20 7545 8011
Attention: Liability Management Group
Email: liability.management@db.com
ING Bank NV, Belgian Branch
Avenue Marnixlaan 24
B-1000 Brussels
Belgium


Telephone: +31 20 563 2132
Attention: Liability Management Team
Email: liabilitymanagement@ing.be


The Tabulation Agent
Lucid Issuer Services Limited
Tankerton Works
12 Argyle Walk
London WC1H 8HA
United Kingdom


Tel: +44 20 7704 0880
Fax: +44 20 3004 1590
Attention: Thomas Choquet / Yves Theis
Email: ab-inbev@lucid-is.com


None of the Solicitation Agents, the Tabulation Agent or any of their respective agents accepts any
responsibility for the information contained in this announcement and none of the Company, the Solicitation
Agents, the Tabulation Agent, or any of their respective directors, employees or affiliates makes any
representation or recommendation whatsoever regarding the Participation Solicitation. This announcement
must be read in conjunction with the Participation Solicitation Memorandum. No offer to acquire any Notes is
being made pursuant to this announcement. This announcement and the Participation Solicitation Memorandum
contain important information, which should be read carefully before any decision is made with respect to the
Participation Solicitation. If any Noteholder is in any doubt as to the action it should take, it is recommended to
seek its own advice, including as to any tax consequences, from its stockbroker, bank manager, solicitor,
accountant or other independent advisor.


Solicitation Restrictions
This announcement and the Participation Solicitation Memorandum do not constitute an offer to purchase Notes
or the solicitation of an offer to sell Notes. The Participation Solicitation will not apply to Noteholders in any
jurisdiction in which such solicitation is unlawful. In those jurisdictions where the securities or other laws
require the Participation Solicitation to be made by a licensed broker or dealer, any actions in connection with
the Participation Solicitation shall be deemed to be made on behalf of the Company by the Solicitation Agents
 (if they are licensed brokers or dealers in those jurisdictions) or one or more registered brokers or dealers
 licensed under the laws of such jurisdiction. The distribution of the Participation Solicitation Memorandum in
 certain jurisdictions may be restricted by law. Persons into whose possession the Participation Solicitation
 Memorandum comes are required by the Company, the Guarantors, the Solicitation Agents and the Tabulation
 Agent to inform themselves about, and to observe, any such restrictions.


 Dutch and French versions of this press release will also be posted on the Company's website.


 CONTACT

 Media                                                         Investors

 Marianne Amssoms                                              Graham Staley
 Tel: +1-212-573-9281                                          Tel: +1-212-573-4365
 E-mail: marianne.amssoms@ab-inbev.com                         E-mail: graham.staley@ab-inbev.com


 Karen Couck                                                   Heiko Vulsieck
 Tel: +1-212-573-9283                                          Tel: +32-16-27-68-88
 E-mail: karen.couck@ab-inbev.com                              E-mail: heiko.vulsieck@ab-inbev.com



 Kathleen Van Boxelaer
 Tel: +32-16-27-68-23
 E-mail: kathleen.vanboxelaer@ab-inbev.com



6 May 2016
Sponsor: Deutsche Securities SA Proprietary Limited
About Anheuser-Busch InBev

Anheuser-Busch InBev is a publicly traded company (Euronext: ABI) based in Leuven, Belgium, with secondary listings on the
Mexican (MEXBOL: ABI) and Johannesburg (JSE: ANB) stock exchanges and with American Depositary Receipts on the New
York Stock Exchange (NYSE: BUD). It is the leading global brewer by volume and one of the world’s top five consumer products
companies. The company has a portfolio of well over 200 beer brands and it aims to continue to forge strong connections with
consumers. This includes global brands Budweiser®, Corona® and Stella Artois®; international brands Beck’s®, Leffe® and
Hoegaarden®; and local champions Bud Light®, Skol®, Brahma®, Antarctica®, Quilmes®, Victoria®, Modelo Especial®,
Michelob Ultra®, Harbin®, Sedrin®, Klinskoye®, Sibirskaya Korona®, Chernigivske®, Cass® and Jupiler®. Anheuser-Busch
InBev’s brewing heritage and quality is rooted in brewing traditions of more than 600 years and the Den Hoorn brewery in
Leuven, Belgium, as well as the Anheuser & Co brewery, with origins in St. Louis, USA since 1852. Geographically diversified
with a balanced exposure to developed and developing markets, Anheuser-Busch InBev leverages the collective strengths of
more than 150,000 employees based in 26 countries worldwide. In 2015, Anheuser-Busch InBev realized 43.6 billion USD
revenue. The company strives to be the Best Beer Company Bringing People Together For a Better World.



 NOTES

Cautionary note regarding forward-looking statements

This press release contains “forward-looking statements”. These statements are based on the current expectations and views
of future events and developments of the management of Anheuser-Busch InBev and are naturally subject to uncertainty and
changes in circumstances. The forward-looking statements contained in this release include statements relating to Anheuser-
Busch InBev’s proposed acquisition of SABMiller and other statements other than historical facts. Forward-looking statements
include statements typically containing words such as “will”, “may”, “should”, “believe”, “intends”, “expects”, “anticipates”,
“targets”, “estimates”, “likely”, “foresees” and words of similar import. All statements other than statements of historical facts
are forward-looking statements. You should not place undue reliance on these forward-looking statements, which reflect the
current views of the management of Anheuser-Busch InBev, are subject to numerous risks and uncertainties about Anheuser-
Busch InBev and SABMiller and are dependent on many factors, some of which are outside of Anheuser-Busch InBev’s control.
There are important factors, risks and uncertainties that could cause actual outcomes and results to be materially different,
including the satisfaction of the pre-conditions and the conditions to the transactions described herein, the ability to obtain the
regulatory approvals related to the transactions and the ability to satisfy any conditions required to obtain such approvals,
and the risks relating to Anheuser-Busch InBev described under Item 3.D of its Annual Report on Form 20-F (“Form 20-F”)
filed with the US Securities and Exchange Commission on 14 March 2016. Other unknown or unpredictable factors could cause
actual results to differ materially from those in the forward-looking statements. There can be no certainty that the proposed
transactions will be completed on the terms described herein or at all.

The forward-looking statements should be read in conjunction with the other cautionary statements that are included
elsewhere, including Anheuser-Busch InBev’s most recent Form 20-F and other reports furnished on Form 6-K, and any other
documents that Anheuser-Busch InBev or SABMiller have made public. Any forward-looking statements made in this
communication are qualified in their entirety by these cautionary statements, and there can be no assurance that the actual
results or developments anticipated by Anheuser-Busch InBev will be realized or, even if substantially realized, that they will
have the expected consequences to, or effects on, Anheuser-Busch InBev or its business or operations. Except as required by
law, Anheuser-Busch InBev undertakes no obligation to publicly update or revise any forward-looking statements, whether as
a result of new information, future events or otherwise.
Future SEC Filings and This Filing: Important Information

In the event that Anheuser-Busch InBev and SABMiller implement a transaction relating to the acquisition of SABMiller by
Anheuser-Busch InBev, Anheuser-Busch InBev or Newbelco SA/NV (a Belgian limited liability company formed for the
purposes of such transaction) may be required to file relevant materials with the SEC. Such documents, however, are not
currently available. INVESTORS ARE URGED TO READ ANY DOCUMENTS REGARDING SUCH POTENTIAL TRANSACTION IF AND
WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Investors will be able to obtain
a free copy of such filings without charge, at the SEC’s website (http://www.sec.gov/) once such documents are filed with the
SEC. Copies of such documents may also be obtained from Anheuser-Busch InBev, without charge, once they are filed with
the SEC.

Notice to US investors

US holders of SABMiller shares should note that the steps of any transaction requiring approval by SABMiller shareholders
may be implemented under a UK scheme of arrangement provided for under English company law. If so, it is expected that
any shares to be issued under the transaction to SABMiller shareholders would be issued in reliance upon the exemption from
the registration requirements of the US Securities Act of 1933, provided by Section 3(a)(10) thereof and would be subject to
UK disclosure requirements (which are different from those of the United States). The transaction may instead be
implemented by way of a takeover offer under English law. If so, any securities to be issued under the transaction to
SABMiller shareholders will be registered under the US Securities Act, absent an applicable exemption from registration. If the
transaction is implemented by way of UK takeover offer, it will be done in compliance with the applicable rules under the US
Exchange Act of 1934, including any applicable exemptions provided under Rule 14d-1(d) thereunder.

This filing shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of
securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus
meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

Date: 06/05/2016 08:01:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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