DBRS Rates SABMiller plc’s EUR1.0 Billion Notes Issue at A (low), Stable Trend

DBRS has today assigned a rating of A (low), with a Stable trend, to SABMiller plc’s issue of EUR1.0 billion, 5.5-year notes, maturing January 20, 2015, with a 4.5% coupon.

The notes rank pari passu with all other senior unsecured obligations of SABMiller plc. The net proceeds of the issue will be used to repay certain existing indebtedness and for general corporate purposes.

Notes:
All figures are in U.S. dollars unless otherwise noted.
This rating is based on public information.

The applicable methodology is Rating Consumer Products, which can be found on our website under Methodologies.

This is a Corporate rating.