AB InBev announces early results of USD 2bn tender offers

Anheuser-Busch InBev (AB InBev) (JSE:ANH) has revealed the early results of its cash tender offers made by its subsidiaries for three series of USD notes. The offers target up to USD 2 Billion in aggregate purchase price. The company intends to accept the aggregate principal amount of Pool 1 Notes validly tendered before the Early Tender Time, increasing the Pool 1 Offer Cap to allow for the purchase of $1,320,963,000 aggregate principal amount of Pool 1 Notes. According to Global Bondholder Services Corporation, a total of $1,814,938,000 aggregate principal amount of the Notes were validly tendered prior to or at the Early Tender Time. The pricing for the Total Consideration is expected around 9:30 a.m. New York City time on Wednesday, 28 May 2025.