Beer giants AB InBev and SABMiller have agreed to the beer deal of the decade.
The maker of Budweiser plans to buy its rival brewer for about $67.62 per share, valuing the Miller maker at about $109 billion.
They're going to need to sell a lot of bonds to finance the deal.
Bloomberg's Dinesh Nair, Thomas Buckley, and Ruth David report that AB InBev wants to sell up to $55 billion in bonds to finance the deal.
That would set a new record for debt issued to finance a corporate takeover, according to the report, exceeding Verizon's $49 billion bond sale back in 2013 when it was buying the chunk of Verizon Wireless it didn't already own.
As Business Insider's Jon Marino reported in August, "jumbo bonds"— bond deals worth $10 billion or more — have hit an all-time high.
SEE ALSO: Meet the bankers making the $109 billion beer deal of the decade happen
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