Femsa (FMX) announces an offering by its wholly-owned subsidiary CB Equity LLP of existing issued ordinary shares of Heineken (HEINY) in the total amount of approximately EUR 3B. The company also announces an offering of senior unsecured exchangeable bonds in the aggregate principal amount of approximately EUR 500M, exchangeable into shares of Heineken. The offering has been approved by Femsa’s board of directors and will be executed via an accelerated bookbuild to qualified investors. Femsa will use the proceeds of the offering for general corporate purposes and liability management exercises. BofA Securities, Goldman Sachs International and Morgan Stanley are acting as joint bookrunners.
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- FEMSA announces the pricing of the offering of shares of Heineken N.V. and Heineken Holding N.V. and the concurrent offering of exchangeable bonds exchangeable into shares of Heineken Holding N.V.
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