SOUTH AFRICAN BREWERIES plc ANNOUNCES $330,000,000 FIXED RATE SENIOR NOTE ISSUE
London, Monday 9 April, 2001. South African Breweries plc (the "Company")
announces the issue of $330,000,000 of fixed rate senior notes (the "Notes")
denominated in US dollars and Sterling, with a 7-year final maturity. The notes
will rank pari passu with the Company's existing senior debt obligations.
The debt raising achieves important objectives for the Company in the
management of its capital structure. It extends the maturity profile of the
Company's debt, fixes the coupon on a further portion of the debt and serves to
broaden the Company's investor base. It builds on the successful $750,000,000
bank syndicated facility completed last year. The proceeds of the issue will be
used for general corporate purposes.
The sole arranger of the issue is Cazenove & Co.
For more information, please contact:
South African Breweries plc:
Nick Chaloner
Director of Communications +44 20 7659 0100
Cazenove & Co:
Duncan Hunter +44 207 825 9500
James Douglas +44 207 825 9964
Roger Lambert +44 207 588 2828
9 April 2001
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
