Australasia's premier brewing company recently raised $300 million in seven- and 12-year bonds at a touch above its three-year bank debt benchmark. FinanceAsia talks to Lion Nathan's treasurer Alison Gerry about the deal and the company's bond strategy.
At the end of May you raised $300 million in the US private placement market. Was this more than you expected and why was the deal so successful
We went out expecting to raise $150 million but we increased it when the demand was so strong. It was an opportunistic deal built on the hunger for Australasian credits, particularly credits that are easy to understand. It was a great way for us...
