Pursuits
AB InBev Plans $55 Billion Bond Sale to Fund SABMiller Deal
- $55 billion sale would be biggest ever for corporate takeover
- Brewer has lined up seven banks to arrange the facility
Inside AB InBev's Proposed $106B Deal for SABMiller
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Anheuser-Busch InBev NV is planning to sell bonds worth as much as $55 billion to finance its $106 billion takeover of SABMiller Plc, setting a record for debt issuance to fund a corporate acquisition, according to people familiar with the matter.
The maker of Budweiser beer has lined up seven banks to arrange as much as $70 billion in financing for the deal, the people said, asking not to be identified as the information is private. The bonds will be issued in multiple currencies, and with several different maturities, they said.