BevCo gives final results for tender offer for 1.75% notes due 2023

Chicago, June 15 – BevCo Lux Sarl announced that it received tenders for and will accept €475,815,000 of the €600,371,000 outstanding 1.75% bonds due 2023 (ISIN: XS1767050351), according to a notice.

The issue size was originally €800 million.

The purchase price for the notes is 103.541, determined using the Bund due Oct. 7, 2022 plus 30 basis points. Accrued interest will also be paid.

The any-and-all offer started June 7.

The offer expired at 11 a.m. ET on June 14.

Pricing took place at 5 a.m. ET on June 15.

After settlement on June 18, there will be €124,556,000 of the notes outstanding.

BNP Paribas (+33 1 55 77 78 94, liability.management@bnpparibas.com), BofA Securities Europe SA (+33 1 877 01057, DG.LM-EMEA@bofa.com), Citigroup Global Markets Ltd. (+44 20 7986 8969, liabilitymanagement.europe@citi.com) and Deutsche Bank AG (+44 20 7545 8011) were the dealer managers.

Lucid Issuer Services Ltd. is the tender agent (+44 20 7704 0880, bevco@lucid-is.com).

The issuer is an investment vehicle run by the Santo Domingo Group that manages the group's minority stake in Anheuser-Busch InBev. It is based in Luxembourg.

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