ANHEUSER-BUSCH INBEV SA/NV - Anheuser-Busch InBev to Redeem USD 1 Billion Notes Due 2020

Release Date: 08/05/2018 09:10
Code(s): ANH
 
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Anheuser-Busch InBev to Redeem USD 1 Billion Notes Due 2020

      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: ANB
      NYSE ADS Code: BUD
      JSE Share Code: ANH
      ISIN: BE0974293251
      (“AB InBev” or the “Company”)


                                 Anheuser-Busch InBev to Redeem
                                   USD 1 Billion Notes Due 2020

      Brussels, 7 May 2018 -- Anheuser-Busch InBev SA/NV (“AB InBev”) (Euronext: ABI) (NYSE: BUD)
      (MEXBOL: ANB) (JSE: ANH) today announced that its wholly-owned subsidiary Anheuser-Busch InBev
      Worldwide Inc. (“ABIWW” or the “Issuer”) is exercising its option to redeem in full the entire outstanding
      principal amount of the following series of notes on 6 June 2018 (the “Redemption Date”):

                               Aggregate           Title of Series of
                           Principal Amount              Notes               CUSIP Nos.

                                                                        03523TAU2 /
                                                  5.00% Notes due
                          USD 1,000,000,000                             U03597AN8 /
                                                  2020 (the “Notes”)
                                                                        03523TAV0



      The Notes will be redeemed in full on the Redemption Date at a make-whole redemption price equal to
      the greater of (i) 100% of the principal amount of the Notes; and (ii) as determined by the Independent
      Investment Banker, the sum of the present values of the remaining scheduled payments of principal and
      interest on the Notes (not including any portion of such payments of interest accrued to the Redemption
      Date) discounted to the Redemption Date on a semiannual basis (assuming a 360-day year consisting of
      twelve 30-day months) at the Treasury Rate plus 20 basis points (in each case, the “Redemption Price”);
      plus, in each case, accrued and unpaid interest on the principal amount of the Notes to be redeemed to
      (but excluding) the Redemption Date. The Treasury Rate will be calculated on the third Business Day
      preceding the Redemption Date. Such redemption is pursuant to the terms of the Indenture, dated as of
      16 October 2009, by and among ABIWW, AB InBev, the subsidiary guarantors named therein and The
      Bank of New York Mellon Trust Company, N.A., as trustee (the “October 2009 Indenture”), the Ninth
      Supplemental Indenture thereto, dated as of 29 March 2010 (the “Ninth Supplemental Indenture”), and
      the terms of the Notes.

      Capitalized terms used but not defined have the meanings assigned to such terms in the October 2009
      Indenture, the Ninth Supplemental Indenture and the terms of the Notes, as applicable.

      On the Redemption Date, (i) the Notes will no longer be deemed outstanding, (ii) the Redemption Price
      will become due and payable on the Notes and, (iii) unless the Company defaults in making payment of
      the Redemption Price, interest on the Notes called for redemption shall cease to accrue on and after the
      Redemption Date.


ab-inbev.com
      The trustee is transmitting to registered holders of the Notes ABIWW’s notices of redemption containing
      information required by October 2009 Indenture, the Ninth Supplemental Indenture and the terms of the
      Notes, as applicable. For the redemption price of the notes, please contact Kerry Mcfarland at BNY
      Mellon (kerry.mcfarland@bnymellon.com).

      This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities
      nor will there be any sale of these securities in any state or other jurisdiction in which such offer,
      solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any
      such state or other jurisdiction.

      English, Dutch and French versions of this press release will be available on www.ab-inbev.com.




       ANHEUSER-BUSCH INBEV CONTACTS

       Media                                                   Investors
       Marianne Amssoms                                        Henry Rudd
       Tel: +1-212-573-9281                                    Tel: +1-212-503-2890
       E-mail: marianne.amssoms@ab-inbev.com                   E-mail: henry.rudd@ab-inbev.com

       Ingvild Van Lysebetten                                  Mariusz Jamka
       Tel: +32-16-27-66-08                                    Tel: +32-16-27-68-88
       E-mail: Ingvild.vanLysebetten@ab-inbev.com              E-mail: mariusz.jamka@ab-inbev.com

       Aimee Baxter                                            Lauren Abbott
       Tel: +1.646.628.0393                                    Tel: +1-212-573-9287
       E-mail: aimee.baxter@ab-inbev.com                       E-mail: lauren.abbott@ab-inbev.com

                                                               Fixed Income Investors

                                                               Gabriel Ventura
                                                               Tel: +1-212-478-7031
                                                               E-mail: gabriel.ventura@ab-inbev.com

                                                               Suma Prasad
                                                               Tel: +1-212-503-2887
                                                               E-mail: suma.prasad@ab-inbev.com



      8 May 2018
      Sponsor: Deutsche Securities SA Proprietary Limited




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      Legal disclaimer

      This release contains “forward-looking statements”. These statements are based on the current expectations and views of future
      events and developments of the management of AB InBev and are naturally subject to uncertainty and changes in circumstances.
      The forward-looking statements contained in this release include, among other things, statements relating to AB InBev’s business
      combination with ABI SAB Group Holding Limited 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 AB
      InBev, are subject to numerous risks and uncertainties about AB InBev and are dependent on many factors, some of which are outside
      of AB InBev’s control. There are important factors, risks and uncertainties that could cause actual outcomes and results to be materially
      different, including the ability to realize synergies from the business combination with ABI SAB Group Holding Limited, the risks and
      uncertainties relating to AB InBev described under Item 3.D of AB InBev’s Annual Report on Form 20-F (“Form 20-F”) filed with the
      SEC on 19 March 2018. Other unknown or unpredictable factors could cause actual results to differ materially from those in the
      forward-looking statements.

      The forward-looking statements should be read in conjunction with the other cautionary statements that are included elsewhere,
      including AB InBev’s most recent Form 20-F, other reports furnished on Form 6-K, and any other documents that AB InBev has 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 AB InBev will be realized or, even if substantially
      realized, that they will have the expected consequences to, or effects on, AB InBev or its business or operations. Except as required
      by law, AB InBev undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new
      information, future events or otherwise.

      About Anheuser-Busch InBev

      Anheuser-Busch InBev is a publicly traded company (Euronext: ABI) based in Leuven, Belgium, with secondary listings on the Mexico
      (MEXBOL: ANB) and South Africa (JSE: ANH) stock exchanges and with American Depositary Receipts on the New York Stock
      Exchange (NYSE: BUD). Our Dream is to bring people together for a better world. Beer, the original social network, has been bringing
      people together for thousands of years. We are committed to building great brands that stand the test of time and to brewing the best
      beers using the finest natural ingredients. Our diverse portfolio of well over 500 beer brands includes global brands Budweiser®,
      Corona® and Stella Artois®; multi-country brands Beck’s®, Castle®, Castle Lite®, Hoegaarden® and Leffe®; and local champions
      such as Aguila®, Antarctica®, Bud Light®, Brahma®, Cass®, Chernigivske®, Cristal®, Harbin®, Jupiler®, Klinskoye®, Michelob
      Ultra®, Modelo Especial®, Quilmes®, Victoria®, Sedrin®, Sibirskaya Korona® and Skol®. Our brewing heritage dates back more
      than 600 years, spanning continents and generations. From our European roots at the Den Hoorn brewery in Leuven, Belgium. To
      the pioneering spirit of the Anheuser & Co brewery in St. Louis, US. To the creation of the Castle Brewery in South Africa during the
      Johannesburg gold rush. To Bohemia, the first brewery in Brazil. Geographically diversified with a balanced exposure to developed
      and developing markets, we leverage the collective strengths of nearly 200,000 employees based in more than 50 countries worldwide.
      For 2017, AB InBev’s reported revenue was 56.4 billion USD (excluding JVs and associates).




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