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Molson to refinance with public offering.

Molson Breweries, Toronto, said it plans a public offering in Canada of 250 million Canadian dollars (US $199.5 million) of debentures in two series.

The first series is C$150 million of 8.20 percent debentures due March 2003, and the second is C$100 million of 9.10 percent debentures due March 2013.

The company said proceeds will be used to refinance existing debt. Toronto-based Molson Breweries is a joint venture between Molson Cos. of Toronto and Foster's Brewing Group, Ltd. of Australia.
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Title Annotation:Molson Breweries of Canada Ltd.
Publication:Modern Brewery Age
Date:Mar 8, 1993
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