Dutch brewing company Heineken NV on Sept. 3 priced an offering of a total of €1.25 billion notes, which will be listed on the Luxembourg Stock Exchange.
The offering includes €600 million 8.5-year notes, which bear a coupon rate of 1.25%, and €650 million 12.5-year notes with a coupon rate of 1.75%.
The €600 million notes will mature on March 17, 2027, while the €650 million notes will mature on March 17, 2031.
Heineken said proceeds from the offering will be used for general corporate purposes, which may include repayment of debt and acquisitions.
Deutsche Bank AG, ING Groep NV, JPMorgan Chase & Co, Mitsubishi UFJ Financial Group Inc. and Société Générale SA acted as book runners in the offering. ABN AMRO Group NV, Australia & New Zealand Banking Group Ltd., Rabobank NA, Banco Bilbao Vizcaya Argentaria SA, Raiffeisen Bank International AG, Banco Santander SA and Banca IMI SpA were the co-managers.