debt
confidence high
sentiment neutral
materiality 0.50
Constellation Brands prices $500M 4.800% Senior Notes due 2030
CONSTELLATION BRANDS, INC.
- $500M aggregate principal of 4.800% Senior Notes due 2030 priced at 99.824% of par.
- Closing expected May 1, 2025; notes rank equally with existing senior unsecured debt.
- Net proceeds for general corporate purposes including repaying commercial paper.
- Joint book-running managers: BofA, BNP Paribas, Goldman Sachs, J.P. Morgan.