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Provider: Reuters Investment Profile
Provider: Ford Investor Services, Inc.

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SABMiller PLC's Subsidiary Issues ZAR 1,000,000,000 Bond

Tuesday, 26 Mar 2013 10:00am EDT 

SABMiller PLC announced that on March 26, 2013 its wholly-owned South African subsidiary SABSA Holdings Limited (formerly SABSA Holdings Proprietary Limited) (the Issuer) successfully priced a bond issue under its ZAR 6,000,000,000 Domestic Medium Term Note Programme established in December 2012, comprising ZAR 1,000,000,000 7.125% notes due March 2018 (the Notes). The Notes will be guaranteed by the Company and the net proceeds will be used by the Issuer for its general corporate purposes.