Budweiser maker bonds weaken after InBev bid
NEW YORK (Reuters) - U.S. brewer Anheuser-Busch (BUD.N: Quote, Profile, Research) bonds weakened on Thursday after it received an unsolicited $46 billion bid from European beermaker InBev INTB.BR, which is expected to be financed with debt.
Spreads on Budweiser-maker Anheuser-Busch's 5.5 percent notes due in 2018 widened by 21 basis points to 204 basis points over Treasuries, according to MarketAxess data.
(Reporting by Anastasija Johnson; Editing by Theodore d'Afflisio)
© Thomson Reuters 2009 All rights reserved
Pledge to support economies
G20 financial leaders pledged to prepare strategies to end emergency support for their economies, but to keep the aid flowing until recovery was assured. Full Article | Related Story
Galleon case
U.S. insider trading probe widens
Fourteen people were charged with fraud and conspiracy in a dramatic widening of an insider trading scandal. Full Article
India
US
UK
