---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-242497"
form_type: "8-K"
ticker: "STZ"
cik: "0000016918"
company_name: "CONSTELLATION BRANDS, INC."
filed_at: "2025-10-17T23:59:59+00:00"
generated_at: "2026-05-17T03:24:32.556018+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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).

## SEC filing metadata
- accession: 0001193125-25-242497
- form_type: 8-K
- ticker: STZ
- cik: 0000016918
- company_name: CONSTELLATION BRANDS, INC.
- filed_at: 2025-10-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.02, 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/16918/000119312525242497/0001193125-25-242497-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/16918/000119312525242497/d70289d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-242497
- JSON: https://secwatch.observer/filing/0001193125-25-242497.json
- Plain text: https://secwatch.observer/filing/0001193125-25-242497.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.