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InBev expects banks to sign into loan next week

InBev hopes to sign senior banks into the $45 billion loan backing its acquisition of Anheuser-Busch next week.

“We are now working with the second layer of the syndication, and we will be announcing the closing of this stage of syndication by next week and that should involve at least seven banks,” chief executive Carlos Brito said on Thursday in a conference call.

“So we hope to complete our $45 billion loan agreement in line with our original expectations.” (Reuters)