COMPANY DESCRIPTION
India-based Inbrew Beverages manufactures, markets, and distributes multiple categories of alcoholic products and beverages ranging across beer, whisky, rum, brandy, vodka, and gin. The company’s portfolio includes 43 spirit brands, the pioneer Indian brand in the strong beer segment, as well as the Indian operations of leading American and British brands. Inbrew operates via both an acquisition and a franchising model.
TRANSACTION DESCRIPTION
Sourced, structured, and negotiated debt comprising both onshore Indian non-convertible debentures and an offshore loan to finance Inbrew’s acquisition of a portfolio of 32 brands, and the franchise for 11 additional brands from United Spirits Limited (Diageo’s India subsidiary).