AB InBev's Unit Completes Pricing Of $5.25 Bln Notes

(RTTNews) - Belgian brewer Anheuser-Busch InBev SA/NV or AB InBev's (BUD, AHBIF.PK) unit, Anheuser-Busch InBev Finance Inc. or "ABIFI", reported the completion of the pricing of $5.25 billion aggregate principal amount of bonds, comprising $1.2 billion aggregate principal amount of fixed rate notes due 2017; $300 million aggregate principal amount of floating rate notes due 2017; $1.25 billion aggregate principal amount of fixed rate notes due 2019; $250 million aggregate principal amount of floating rate notes due 2019; $1.4 billion aggregate principal amount of fixed rate notes due 2024; and $850 million aggregate principal amount of fixed rate notes due 2044.

The fixed rate notes would bear interest at an annual rate of 1.125% for the 2017 notes; 2.150% for the 2019 notes; 3.700% for the 2024 notes; and 4.625% for the 2044 notes. The floating rate notes would bear interest at an annual rate of 19.00 basis points above three-month LIBOR for the 2017 floating rate notes and 40.00 basis points above 3-month LIBOR for the 2019 floating rate notes. The notes would mature on January 27, 2017 in the case of the 2017 fixed rate and floating rate notes; on February 1, 2019 for the 2019 fixed rate and floating rate notes; on February 1, 2024 for the 2024 notes; and on February 1, 2044 in the case of the 2044 notes.

The issuance may close on January 27, 2014. The notes would be issued by ABIFI and would be fully, unconditionally and irrevocably guaranteed by AB InBev, BrandBrew S.A., Brandbev S.à r.l., Cobrew NV/SA, Anheuser-Busch InBev Worldwide Inc. and Anheuser-Busch Companies, LLC.