debt
confidence high
sentiment neutral
materiality 0.55
Constellation Brands issues $500M of 4.800% Senior Notes due 2030
CONSTELLATION BRANDS, INC.
- Entered underwriting agreement to sell $500M aggregate principal of 4.800% Senior Notes due 2030 at 99.824% of par.
- Closing expected May 1, 2025, subject to customary conditions.
- Proceeds for general corporate purposes, including repayment of commercial paper, working capital, capex, and other opportunities.