Budweiser beer bottle labels during an Anheuser-Busch InBev NV news conference in Hong Kong, China, Tuesday, September 17, 2019.
Kyle Lam | Bloomberg | Getty Images
Anheuser-Busch InBev has priced Budweiser its first public offer at HK $ 27 per share. . That's the bottom of the reach in the second attempt to list its Asian business in Hong Kong.
The brewer said last week that it would offer 1
In July, the brewing giant tried to raise nearly $ 9 billion – up to $ 8 billion. However, it said it would not continue, given "several factors, including prevailing market conditions."
If completed, Budweiser APAC's stock exchange listing would boost Hong Kong after China's Alibaba delayed a listing of up to $ 15 billion last month amid the ongoing unrest in the former British colony.
AB InBev, the world's largest brewer, has worked to reduce a debt ceiling of over $ 100 billion that it built up with the acquisition of its nearest rival SABMiller in late 2016.
Budweiser plans to make its market debut on September 30.
– Reuters contributed to this report.