Client Highlight: Budweiser Brewing Company APAC
S&C capital markets team steers client through one of the largest IPOs of 2019
S&C put its deep expertise in global capital markets to work for Anheuser-Busch InBev’s Asia Pacific subsidiary, Budweiser Brewing Company APAC, advising it in a USD $5.75 billion global offering and listing of shares on the Hong Kong Stock Exchange, one of the largest IPOs of 2019.
This IPO is just the latest capital markets deal that S&C has handled for the beverage giant, which has turned to us for a series of successful capital markets transactions.
Last year we also helped the client price $15.5 billion of senior, unsecured notes through an SEC-registered public offering and $10 billion of senior, unsecured notes through an SEC-registered public offering issued by its U.S. subsidiary. In addition, we advised Anheuser-Busch InBev in a $6.4 billion exchange of new SEC-registered notes for USD-denominated debt securities, part of a larger initiative to simplify the company’s global debt structure.
We’ve also advised the company as it has deepened its foothold in the Chinese market through other deals. In 2018 we helped it establish joint ventures with Jebsen Beverage Company Limited to globally manage the Blue Girl beer brand in certain markets.
Read more about the deal here.