$1.95bn notes issuance proceeds with help from Ashurst

The issuance is part of the update of a $3bn note program of the world’s largest brewer

$1.95bn notes issuance proceeds with help from Ashurst
Ashurst has helped in a major notes issuance in Australia for the world’s largest brewer.

The firm advised the issuer and guarantors in the update of the $3bn medium-term note program of FBG Finance Pty Ltd, the Australian subsidiary of Anheuser-Busch InBev.

The update includes the issuance of four tranches of notes valued at $1.95bn.

The update added Anheuser-Busch InBev and Anheuser-Busch InBev Finance Inc. as issuers. It also added a new set of guarantors of the program, including Anheuser-Busch InBev SA/NV, Anheuser-Busch InBev Finance Inc., Anheuser-Busch InBev Worldwide Inc., Brandbev S.à r.l., Brandbrew S.A., Cobrew NV, and Anheuser-Busch Companies, LLC.

The company’s financing program in Australia is now in line with the €40bn medium-term note program of Anheuser-Busch InBev. It is the first program of its kind for the Belgian multinational in the Australian market.

The Ashurst team included lead partner Jamie Ng and lead associate Caroline Smart. They were assisted by finance associates Timon Ibrahim and Evangeline Schumacher.

“The scale of this billion-dollar transaction demonstrates the Australian dollar market's growing significance, and highlights the volume that it can allow global corporate issuers to achieve,” Smart said.


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International firms net $345.6 million from brewers’ deal

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