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UK & South Korea: New UK-South Korea deal to benefit exports of Guinness, cars, Scottish salmon
UK: UK brewers facing heavy headwinds from increased taxation, other issues
Japan: Kirin set to ramp up beer development via proprietary AI
Norway & Sweden: Olvi Group acquires majority share in Brewery International group
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World: Heineken places 2 billion of Notes
Heineken N.V. announced on September 25 that it has successfully placed €2 billion of Notes across three tranches.
• €500 million 3-year Notes with a coupon of 2.565%;
• €750 million 8.6-year Notes with a coupon of 3.505%, and
• €750 million 12-year Notes with a coupon of 3.872%.
The Notes will be issued under the Company's Euro Medium Term Note Programme and will be listed on the Luxembourg Stock Exchange.
The proceeds from the Notes issuance will be used for general corporate purposes, including acquisitions. The maturity dates of the Notes are 3 October 2028, 3 May 2034 and 3 October 2037 respectively.
BNP Paribas, Deutsche Bank, ING, JP Morgan and Rabobank acted as active book runners.
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