Chicago, Jan. 18 – Compania de Cervecerias Unidas SA placed $600 million of 3.35% global bonds due 2032 (BBB) in January, according to a translated listing particular notice.
The notes were discounted when they were sold at 99.874.
BofA Securities, Inc., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and JPMorgan Securities LLC were the initial purchasers for the Rule 144A and Regulation S deal.
Proceeds will be used for general corporate purposes.
CCU is a multi-category beverage company with operations in South America.
| Issuer: | Compania de Cervecerias Unidas SA
|
| Amount: | $600 million
|
| Issue: | Global bonds
|
| Maturity: | Jan. 19, 2032
|
| Bookrunners: | BofA Securities, Inc., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and JPMorgan Securities LLC
|
| Coupon: | 3.35%
|
| Price: | 99.874
|
| Call features: | Make-whole call before Oct. 19, 2031 at Treasuries plus 25 bps; thereafter at par
|
| Trade date: | Jan. 13
|
| Settlement date: | Jan. 19
|
| Ratings: | S&P: BBB
|
| Distribution: | Rule 144A and Regulation S
|
|
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
