The notes will be guaranteed by the company and will be issued in four tranches:
The net proceeds will be used to repay in part its bank borrowings incurred to finance the acquisition of Foster's Group in December 2011, SABMiller said on Wednesday, 11 January.
Commenting on the issue, Jamie Wilson, Chief Financial Officer of SABMiller said: "We were very pleased by the high level of demand from bond investors in response to this offering, and the pricing achieved, which we believe is a reflection of the strengths of the SABMiller Group and our attractive profile of brands and businesses."
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