Asahi Group Holdings (TYO:2502) said it will redeem 300 billion yen in hybrid bonds on Oct. 15, the first optional call date, citing sufficient equity capital and no further need for the capital raised, according to a Thursday filing.
The bonds, issued in 2020 to help finance Asahi's acquisition of Anheuser-Busch InBev's Australian business, were originally due in 2080.