Molson Coors amends credit agreement, extends maturity to 2029 and switches to CORRA

MOLSON COORS BEVERAGE CO

Entered Amendment No.1 to $2B credit agreement on June 3, 2024; maturity extended from June 26, 2028 to June 26, 2029.
Interest rate on CAD borrowings switches from CDOR-based to CORRA-based, effective upon amendment.
More than 50% of lenders (Extending Lenders) consented; conditions satisfied including no default and fee payment.
Total commitment amount remains $2B; no other material terms changed.

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