debt
confidence high
sentiment neutral
materiality 0.50
Constellation Brands issues $400M of 4.800% Senior Notes due 2029
CONSTELLATION BRANDS, INC.
- $400.0M aggregate principal of 4.800% Senior Notes priced at 99.889% of par.
- Interest payable semi-annually on Jan 15 and Jul 15, starting Jul 15, 2024.
- Notes mature on January 15, 2029; redeemable at the company's option under stated terms.
- Issued under existing shelf registration (Form S-3) filed Nov 10, 2022.
- Supplemental Indenture No. 34 governs the notes with customary events of default.