LONDON--Brewer SABMiller PLC (SAB.LN) said Friday that on July 31 its Australian subsidiary, FBG Treasury (Aust.) Pty Ltd. issued 700 million Australian dollars ($511.34 million) 3.75% notes under its A$3 billion guaranteed medium term note program which was established on July 21.

The net proceeds will be used by the issuer to fund the repayment of borrowings and for general corporate purposes, SABMiller said.

-Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749

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