A-B InBev aims to raise CAD1.2bn from the notes

A-B InBev aims to raise CAD1.2bn from the notes

Anheuser-Busch InBev is offering CAD1.2bn (US$1.2bn) worth of notes to Canadian investors to raise funds for “general corporate purposes”. 

Its subsidiary, A-B InBev Finance, announced yesterday (17 January) that it has priced a private offering of notes, consisting of CAD600m with a fixed yearly rate of 2.375% to 2018 and CAD600m at 3.375% to 2023. The notes are being offered only to “accredited investors” resident in Canada. 

It comes after A-B InBev issued US$4bn worth of notes earlier this week

The company is currently in the process of finalising a US$20.1 bn deal to take full control of Mexican brewer Grupo Modelo. Earlier this week, an analyst suggested the deal could collapse, but A-B InBev insists the transaction should complete by this year's first calendar quarter.