Constellation Brands terminates $500M term loan, issues $500M 4.950% notes due 2035

CONSTELLATION BRANDS, INC.

Terminated $500M delayed draw term loan effective Oct 21, 2025; no borrowings outstanding, no early termination penalties.
Issued $500M aggregate principal of 4.950% Senior Notes due 2035 at 99.716% of par.
Interest payable May 1 & Nov 1, first payment May 1, 2026; notes mature Nov 1, 2035.
Notes are redeemable at Company's option under terms in Supplemental Indenture.
Supplemental Indenture includes customary covenants and events of default (e.g., failure to pay, cross-acceleration >$200M).

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