Japan's Suntory to sell $8 bln in debt to fund Beam buy
date:May 09, 2014
r.

It will take the company several years to bring leverage down to a level more appropriate for a higher rating, said Moody's credit analyst Mariko Semetko.

In addition to the U.S. bourbon brands, the purchase, announced in January, brings together Beam's Courvoisier cognac and Sauza tequila with Suntory's Yamazaki, Hakushu, Hibiki and Kakubin whiskies, Bowmore Scotch and Midori liqueur.

LENDERS

Suntory last year floated its food and non-alcoholic drinks company, Suntory Beverage Food, to
3/7 next page prev page home page last page
go back |  refresh |  WAP home |  Web page version  | login
07/11 05:43