Anheuser-busch Inbev (BUD) has released an update.
Anheuser-Busch InBev SA/NV, the world’s largest brewer, has announced the pricing of a substantial $1 billion bond offering, with 5.000% fixed rate notes due in 2034. The funds raised from this offering, which is slated to close on March 21, 2024, will be allocated towards general corporate needs, including the repayment of impending debts and funding cash tender offers for certain maturing notes. The offering leverages a shelf registration statement with the SEC, and potential investors can access more information through the SEC or various financial institutions.
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