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Budweiser brewer InBev to issue extra $1.2 bn bonds

The Anheuser-Busch InBev logo at the brewer's headquarters in Leuven, Belgium, on November 3, 2011
The logo of the world's leading brewer Anheuser-Busch InBev at the beer producer's headquarters in Leuven, Belgium, on November 3, 2011. AB InBev said on Friday it was issuing another 1.2 billion in bonds in Canadian dollars, fresh from a $4.0-billion iss

The world's leading brewer, AB InBev, said on Friday it was issuing another 1.2 billion in bonds in Canadian dollars, fresh from a $4.0-billion issue announcement on Tuesday.

The additional issue, worth some 900 million euros ($1.2 billion), is offered in two parts: 600 million Canadian dollars with a redemption date of 2018 and an interest rate of 2.375 percent; and the other half by 2023 at 3.375 percent.

Again, the financing raised will be used for the company's general needs, it said.

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