Anheuser-Busch keeps the deals brewing

 1987 – Year of the shrinking market?

It’s not the biggest US corporate borrower overseas, but it’s one open to new ideas. Anheuser-Busch, the AA-rated brewing, food and leisure company that has a 37% share of the US beer market, has Swiss franc and yen dual-currency Eurobond deals outstanding as well as plain vanilla Eurodollar debt. In October, the company tapped the New York market with a $100 million 10-year 8% notes issue, and the chief financial officer, Jerry Ritter, set off on a tour of Europe to coincide with Anheuser-Busch’s new listings on the London, Paris, Frankfurt and Zurich stock exchanges.