Allen & Overy LLP advised Banc of America Securities LLC, Barclays Capital, Deutsche Bank and JP Morgan as joint bookrunning managers and the other managers on the USD5 billion Rule 144A bond offering by Anheuser-Busch InBev, the recently merged Belgium-based brewer. Allen & Overy also advised the trustee, Bank of New York Mellon.
The proceeds of the bond offering will be used to refinance part of the consideration paid in connection with InBev's takeover of Anheuser-Busch, which closed on 18 November 2008.
Commenting, Corporate partner Christopher Bernard said: "This transaction follows our work on Anheuser-Busch InBev's EUR6.36bn rights issue in December 2008, demonstrating our multi-disciplinary capabilities. Allen & Overy also fielded a multi-jurisdictional team for this deal, providing advice on US, Belgian and Luxembourg law."
The Allen & Overy team was led by Corporate partner Christopher Bernard and Capital Markets partner Adam Kupitz in London and Banking partner Peter Bienenstock in Belgium, with assistance from counsel Frank Mausen in Luxembourg, senior associates Sach Davé and Adam Farlow and associates John Fowles, Erin Stieber and Daniel Birch in London.