They’re Smarter Than Their Name—Idiot Brothers Cider Thriving https://t.co/jUy9MLO9nW ...

Core Points - Heineken N.V. has successfully placed €1.3 billion of Notes across two tranches [2][6] - The proceeds from the Notes issuance will be utilized for general corporate purposes, including acquisitions [3] - The Notes will be listed on the Luxembourg Stock Exchange and are issued under the Company's Euro Medium Term Note Programme [3] Summary by Category Notes Details - The issuance consists of €550 million 5.7-year Notes with a coupon of 2.990% and €750 million 20-year Notes with a coupon of 4.242% [7] - Maturity dates for the Notes are set for 14 July 2031 and 14 November 2045 respectively [3] Corporate Information - Heineken is recognized as the world's most international brewer, with a portfolio of over 340 international, regional, local, and specialty beers and ciders [5] - The company operates in more than 70 countries and employs over 85,000 individuals [5] - Heineken is committed to sustainability and innovation, aiming to shape the future of beer and beyond [5]

Core Points - Diamond Estates Wines & Spirits Inc. has announced the reinstatement of trading for its common shares on the TSX Venture Exchange, effective around October 21, 2025, following the completion of delayed financial statement filings [1] - The company has signed its sixth amendment to its Second Amended and Restated Credit Agreement with Bank of Montreal, receiving waivers for certain defaults, which provides additional flexibility for its turnaround plan [2][3] - The company has issued a total of 70,833 common shares at a price of $0.24 per share and 23,425 shares at a price of $0.17 per share to satisfy obligations under convertible debentures [4] - Diamond Estates made purchases totaling $190,560 worth of apple juice from Golden Town Apple Products Limited, a related party, during the period from March 31, 2024, to March 31, 2025, which are classified as related party transactions [5] - The company is focused on continuing its turnaround and sustainable growth, with Q2 results expected to be shared by the end of November [6] - A shareholder meeting is scheduled for October 30, 2025, with shareholders encouraged to vote in advance due to ongoing Canada Post service disruptions [7][8] Company Overview - Diamond Estates Wines and Spirits Inc. produces high-quality wines and ciders and acts as a sales agent for over 120 beverage alcohol brands across Canada, operating four production facilities [9][10]

Core Insights - Heineken® is addressing urban isolation by transforming neglected urban spaces into social hubs, challenging the productivity-first mindset of city living [3][10] - Research indicates that over half (57%) of city dwellers in major cities feel lonely, with 33% experiencing isolation weekly, particularly among Gen Z and Millennials [5][21] - Heineken®'s initiative in Seoul involves revitalizing unused rooftops through curated events, promoting social interaction and community connection [8][11] Group 1: Urban Isolation and Social Connection - The phenomenon of urban isolation is prevalent, with 35% of adults stating their city does not encourage social interactions, particularly in cities like New York (66%) and Seoul (49%) [6][21] - In Seoul, 53% of residents feel their city prioritizes work over socializing, and 37% believe there are insufficient social spaces [7][21] - A significant 60% of city dwellers globally believe there are underutilized spaces in their cities that could be revitalized for better social experiences, increasing to 70% among younger generations [16] Group 2: Heineken®'s Initiative - Heineken® has launched rooftop events in Seoul, utilizing satellite imagery to identify and transform unused spaces into vibrant venues for social interaction [8][10] - Events included performances and workshops, fostering community engagement and creativity, showcasing the potential of overlooked urban spaces [11][12] - The initiative aims to inspire a shift in perspective regarding urban spaces, emphasizing that small changes can significantly enhance social connections [18]

Core Points - Heineken N.V. has successfully placed €2 billion of Notes across three tranches [2][3] - The proceeds from the Notes issuance will be utilized for general corporate purposes, including acquisitions [3] - The Notes will be listed on the Luxembourg Stock Exchange and are issued under the Company's Euro Medium Term Note Programme [3] Summary by Category Notes Details - The issuance includes €500 million 3-year Notes with a coupon of 2.565% [7] - It also includes €750 million 8.6-year Notes with a coupon of 3.505% [7] - Additionally, there are €750 million 12-year Notes with a coupon of 3.872% [7] Maturity Dates - The maturity dates for the Notes are set for 3 October 2028, 3 May 2034, and 3 October 2037 respectively [3] Underwriters - BNP Paribas, Deutsche Bank, ING, JP Morgan, and Rabobank acted as active book runners for the issuance [3]

Investment Rating - The report indicates a negative trend in the total alcoholic beverage market, with a decline of -3.9% in sales for the two weeks ending May 31, 2025, compared to previous periods [1]. Core Insights - The total alcoholic beverage market is experiencing continued pressure on volumes, with a worsening trend of -5.9% in volume sales against a slight pricing growth of +2.2% [1]. - The beer category specifically saw a decline of -4.2% in sales, with volume down -5.8% and pricing growth remaining flat at +1.5% [2]. - The FMB (Flavored Malt Beverages) category faced a significant decline of -8.0% in sales, with hard seltzer sales down -10.5% [3]. - Spirit-based RTD (Ready-to-Drink) sales showed some growth at +12.8%, while wine-based RTD sales increased by +32.5% [6]. Summary by Category Total Alcoholic Beverage Market - Total U.S. market sales reached $73.699 billion, with a year-over-year decline of -3.9% in dollar sales and -5.9% in volume [7]. Beer Category - The beer category accounted for $38.656 billion, with a sales decline of -4.2% and volume down -5.8% [7]. - Notable brands like Bud Light experienced a significant sales drop of -10.8% year-over-year [2]. FMB and Hard Seltzer - The FMB category saw a decline of -8.0%, while hard seltzer sales decreased by -10.5% [3]. - Brands like Truly faced a substantial decline of -21.2% in sales [3]. Spirits and RTD - Spirit-based RTD sales increased by +12.8%, while wine-based RTD sales grew by +32.5% [6]. Promotional Spending - Total U.S. market promotional spending across alcoholic categories was 23.9%, remaining below 2019 levels [9].

Group 1 - Heineken Holding N.V. has initiated a share buyback program with a total value of approximately €750 million, of which the first tranche is up to €375 million [1][2] - As of April 11, 2025, a total of 556,151 shares have been repurchased under this program, amounting to a total consideration of €37,678,728 [2] - The average price for shares repurchased from April 7 to April 11, 2025, was €63.36, with a total of 72,990 shares bought during this period [1] Group 2 - Heineken Holding N.V. is primarily engaged in managing its interest in Heineken N.V. and does not conduct other activities [4] - The company is recognized as the world's most international brewer, with a diverse portfolio of over 340 beer and cider brands [4] - Heineken employs over 85,000 individuals and operates production facilities in more than 70 countries, emphasizing sustainability and innovation in its business practices [4]