The money generated by the sale will be used to clear debts, which were incurred by the acquisition of the Rogan brewery in the Ukraine late last year.

The company has not yet determined the terms of the additional issue.

Sun Interbrew sold 1.3 billion liters of beer and soft drinks in 2001, up 29% from 1 billion liters in 2000. Production totaled 260 million liters in the first quarter of 2002, against 230 million in the same period of 2001.