Credit Suisse First Boston (CSFB) and JP Morgan have capitalised on their advisory roles during Heineken's €1.9bn ($2.2bn) acquisition of BBAG, the Austrian drinks company, to lead manage the Dutch brewer's first bond in almost 15 years.

The two banks will share the books with Barclays Capital and Citigroup on the benchmark bond, which will help to pay for the BBAG acquisition announced in May. JP Morgan worked with BBAG on the deal, while CSFB has a close relationship with Heineken and advised the company on the BBAG purchase.