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It’s all about the beer – and the bonds – for Heineken

|Includes: BUD, HEINY, Heineken N.V. (HINKF), JPM, SAM, SBMRY, TAP
Dutch beermaker Heineken recently privately placed a $725 million 8-year bond through JP Morgan. The levels could give an indication for where other beermakers like Anheuser-Busch InBev, SAB Miller, Molson Coors should trade as well.

Disclosure: long all stocks