Anheuser-Busch Maxes Out Its Credit Limit
Ensuring that it will have liquidity available to make it through an extended downturn, Anheuser-Busch InBev (NYSE: BUD) has maxed out its credit by drawing down the $9 billion it had open to it.
As restaurants, bars, and cafes around the world are forced to close, consumption of alcoholic beverages could suffer a severe decline. Tapping its credit lines now -- before a cash crunch manifests itself -- will enable the company to get through the crisis.
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Source Fool.com