USD 500 Million Bond Transaction Confirms Anadolu Efes' Status As a Global Company

Turkey's leading brewer Anadolu Efes successfully completed bond transaction. The 10 year, 3.375 % interest rate, USD 500 million transaction undersigned many firsts.

Europe's 5th, world's 12th largest by volume and Turkey's number one brewer Anadolu Efes managed a USD 500 million bond transaction following a roadshow across Europe and US in October. The coupon of 3.375 % is lowest ever coupon for a 10 year USD denominated BBB - CEEMEA transaction. The successful transaction, which creates a new benchmark for future corporate issues from the Central Eastern Europe and Turkey region, reconfirmed Anadolu Efes' strong international position as a global company.

The transaction undersigned many firsts, including;

• First double investment grade corporate to issue out of Turkey,
• First blue chip Turkish corporate to access the international bond market,
• First Turkish issuer to price through the Turkey sovereign,
• First 10 year corporate issuance from Turkey,
• The tightest ever launch spread for USD dominated 10 year BBB rated corporate issuer in the CEEMEA region.

Commenting on the transaction Anadolu Efes President Alejandro Jimenez said:

"I'm very happy with the transaction and its conditions. The record low pricing as a result for the strong demand showed Anadolu Efes' attractiveness in the eyes of international investors and the transaction itself reconfirmed our strong position as a global company. It will help us to continue our international sustainable growth strongly and more smoothly."