Heineken N.V. to participate in second sell-down by FEMSA
May 30 2023 - 12:33PM
Heineken N.V. to participate in second sell-down by FEMSA
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Amsterdam, 30 May 2023 - Heineken N.V.
(HEINEKEN) has noted the announcement today by Fomento Económico
Mexicano, S.A.B. de C.V. (FEMSA) that it has launched an offering
of existing issued ordinary shares of both HEINEKEN and Heineken
Holding N.V. in the total amount of approximately EUR 3.3 billion
(the “FEMSA Equity Offering”) and an offering of senior unsecured
exchangeable bonds in the aggregate principal amount of up to EUR
250 million, exchangeable into shares of Heineken Holding N.V.
HEINEKEN intends to participate by purchasing HEINEKEN and
Heineken Holding N.V. shares for an amount of 10% of the FEMSA
Equity Offering, subject to certain conditions. HEINEKEN will fund
the share purchase from existing cash resources and committed
credit facilities. The impact on its net debt / EBITDA (beia) ratio
is expected to be minimal and will be earnings-per-share accretive.
Heineken Holding N.V.’s position as controlling shareholder in
HEINEKEN will not be affected.
HEINEKEN and Heineken Holding N.V. will not be issuing or
selling shares as part of the FEMSA Equity Offering and will not
receive any proceeds from it.
- ENDS -
Press
enquiries Sarah
Backhouse / Michael
Fuchs E-mail:
pressoffice@heineken.com
Tel:
+31-20-5239-355 Investor
and analyst enquiriesFederico Castillo Martinez/ Mark
MatthewsE-mail: investors@heineken.comTel: +31-20-5239-590
About HEINEKEN
HEINEKEN is the world's most international
brewer. It is the leading developer and marketer of premium and
non-alcoholic beer and cider brands. Led by the Heineken® brand,
the Group has a portfolio of more than 300 international, regional,
local and specialty beers and ciders. With HEINEKEN’s over 85,000
employees, we brew the joy of true togetherness to inspire a better
world. Our dream is to shape the future of beer and beyond to win
the hearts of consumers. We are committed to innovation, long-term
brand investment, disciplined sales execution and focused cost
management. Through "Brew a Better World", sustainability is
embedded in the business. HEINEKEN has a well-balanced geographic
footprint with leadership positions in both developed and
developing markets. We operate breweries, malteries, cider plants
and other production facilities in more than 70 countries. Most
recent information is available on our Company's website and follow
us on LinkedIn, Twitter and Instagram.
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- Press release Heineken N.V. to participate in second sell-down
by FEMSA (30_05_2023)
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