March 29, 2021
FOR IMMEDIATE RELEASE
Company name: Asahi Group Holdings, Ltd.
President and CEO, Representative Director: Atsushi Katsuki
Securities Code: 2502
Stock Listings: Tokyo Stock Exchange, First Section
Contact: Osamu Ishizaka
Executive Officer, Head of Corporate Communications
Phone: +81-3-5608-5126
Announcement regarding the early repayment of the bank loan for the acquisition of all shares of Anheuser-Busch InBev's Australian business
Reference is made to our announcement of May 25, 2020, being titled as "Announcement regarding the bank loan for the proposed acquisition of 100% of the shares of the Australian business of Anheuser-Busch InBev" in which Asahi Group Holdings, Ltd. ("Asahi") announced that Asahi has signed the contract regarding the bank loan for the acquisition of all shares of Anheuser-Busch InBev's Australian business (the "Bridge Loan").
Asahi had thus far repaid part of the Bridge Loan from time to time with proceeds from the issuance of its new shares and disposal of its treasury shares through public offering, issuance of its new shares through third-party allotment, issuances of hybrid bonds (subordinated bonds) and domestic and international unsecured straight bonds, and borrowings.
Asahi hereby announces that it has made an early repayment in full on principal of the Bridge Loan.
1. Overview of the Bridge Loan
(1) Lender | Sumitomo Mitsui Banking Corporation |
(2) Total borrowing | 1,185,000,000,000 JPY |
(3) Interest rate | Variable rate in line with TIBOR |
(4) Execution date of the agreement | May 25, 2020 |
(5) Execution date of the loan | May 28, 2020 |
(6) Principal repayment date | May 19, 2021 |
(7) Early repayment date | March 29, 2021 |
(8) Security | None |
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2. Impact on Asahi's financial performance
The financial impact of the early repayment of the Bridge Loan on the consolidated performance of Asahi for the fiscal year ending in December 2021 is insignificant.
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Asahi Group Holdings Ltd. published this content on 29 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 March 2021 06:27:04 UTC.