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Anheuser-Busch InBev (92PG)

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Monday 21 September, 2020

Anheuser-Busch InBev

Redemption Notice

RNS Number : 5899Z
Anheuser-Busch InBev SA/NV
21 September 2020
 

THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014.

 

ANHEUSER-BUSCH INBEV SA/ NV

 

Notice of redemption to the holders of (i) the €650,000,000 1.950 per cent. Notes due 2021 (ISIN: BE6265141083; Common Code: 105133405) (of which €526,513,000 is outstanding)  (the "2021 Notes") and (ii) the€2,000,000,000 0.875 per cent. Notes due 2022 (ISIN: BE6285452460; Common Code: 138533883) (of which €1,644,076,000 is outstanding)(the "2022 Notes" and, together with the 2021 Notes, the "Notes")

 

London, UK: 21 September 2020.

 

Anheuser-Busch InBev SA/NV (the "Issuer") hereby gives notice of redemption to the holders of the Notes.

 

2021 Notes

 

Pursuant to Condition 6.3 (Redemption at the option of the relevant Issuer (Issuer Call)) of the terms and conditions of the 2021 Notes (the "2021 Conditions"), it is exercising its option to redeem in full all of the outstanding 2021 Notes on 8 October 2020 (the "Optional Redemption Date").

 

Each 2021 Note shall be redeemed at the make whole price in an amount equal to (i) the outstanding principal amount of the relevant 2021 Note; or (ii) if higher, the sum, as determined by the Calculation Agent, of the present values of the remaining scheduled payments of principal and interest on the 2021 Notes to be redeemed (not including any portion of such payments of interest accrued to the date of redemption) discounted to the Optional Redemption Date on an annual basis (assuming a 360-day year consisting of twelve 30-day months) at the rate per annum equal to the equivalent yield to maturity of the CA Selected Bond, calculated using a price for the CA Selected Bond (expressed as a percentage of its principal amount) equal to the Reference Bond Price for the Optional Redemption Date plus 15 basis points (the "Optional Redemption Amount"). The Optional Redemption Amount will be based on the Reference Bond Price as fixed on 5 October 2020. Pursuant to Condition 6.7 (Cancellation) of the 2021 Conditions, all 2021 Notes redeemed will be cancelled.

 

Terms used but not defined in the "2021 Notes" section of this announcement shall have the meanings given to them in the 2021 Conditions.

 

2022 Notes

 

Pursuant to Condition 6.3 (Redemption at the option of the Issuer (Issuer Call)) of the terms and conditions of the 2022 Notes (the "2022 Conditions"), it is exercising its option to redeem in full all of the outstanding 2022 Notes on 8 October 2020 (the "Optional Redemption Date").

 

Each 2022 Note shall be redeemed at the make whole price in an amount equal to (i) the outstanding principal amount of the relevant 2022 Note; or (ii) if higher, the sum, as determined by the Calculation Agent, of the present values of the remaining scheduled payments of principal and interest on the 2022 Notes to be redeemed (not including any portion of such payments of interest accrued to the date of redemption) discounted to the Optional Redemption Date on an annual basis (assuming a 360-day year consisting of twelve 30-day months) at the rate per annum equal to the equivalent yield to maturity of the CA Selected Bond, calculated using a price for the CA Selected Bond (expressed as a percentage of its principal amount) equal to the Reference Bond Price for the Optional Redemption Date plus 20 basis points (the "Optional Redemption Amount"). The Optional Redemption Amount will be based on the Reference Bond Price as fixed on 5 October 2020. Pursuant to Condition 6.8 (Cancellation) of the 2022 Conditions, all 2022 Notes redeemed will be cancelled.

 

Terms used but not defined in the "2022 Notes" section of this announcement shall have the meanings given to them in the 2022 Conditions.

 

This announcement is released by the Issuer and contains information in relation to the Notes that qualified or may have qualified as inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 ("MAR"), encompassing information relating to the Notes. For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this Notice is made by Daniel Strothe, Global Director (Treasury) of the Issuer.

 

For further information, holders of the Notes should contact:

 

Daniel Strothe

Anheuser-Busch InBev SA/NV

+1 646 746 9667

[email protected]

 

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