debt
confidence high
sentiment neutral
materiality 0.50
Constellation Brands prices $500M of 4.950% Senior Notes due 2035 to redeem existing 2025 notes
CONSTELLATION BRANDS, INC.
- Issued $500M aggregate principal of 4.950% Senior Notes due 2035 at 99.716% of par.
- Net proceeds will redeem all outstanding $500M of 4.400% Senior Notes due 2025.
- Closing expected October 17, 2025, subject to customary conditions.
- Joint book-runners: BofA Securities, BBVA Securities, J.P. Morgan, Wells Fargo.