Brandbrew’s Sfr600m deal stuns bankers
Brandbrew, a triple-B subsidiary of Anheuser-Busch, amazed bankers in Zurich by selling a Sfr600m five year deal on Thursday.
The Baa2/BBB+ deal is guaranteed by Anheuser-Busch, had a coupon of 4.5% and was priced at 278bp, 7bp tighter than initial guidance and 2bp tighter than the level announced during ...Already a subscriber? Login