{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-395558","form_type":"8-K","ticker":"STZ","cik":"0000016918","company_name":"CONSTELLATION BRANDS, INC.","filed_at":"2026-09-18T20:15:18+00:00","discovered_at":"2026-09-18T20:16:34.884501+00:00","generated_at":"2026-09-18T20:17:11.901378+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Constellation Brands enters $300M delayed draw term loan credit agreement","bullets":["Term loan credit agreement provides up to $300M delayed draw, available in two draws, for general corporate purposes including debt repayment.","Loans mature two years after initial borrowing; interest at Term SOFR or Base Rate plus margin up to 1.10% (SOFR) or 0.10% (Base) based on credit rating.","Covenants include min consolidated interest coverage ratio of 2.50:1 and max net leverage ratio of 4.00:1 (4.50:1 after material acquisition).","Unused commitments accrue ticking fee of 0.075% per annum starting 30 days after effective date; commitments expire June 18, 2027."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-395558","json":"https://secwatch.observer/filing/0001193125-26-395558.json","markdown":"https://secwatch.observer/filing/0001193125-26-395558.md","text":"https://secwatch.observer/filing/0001193125-26-395558.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/16918/000119312526395558/0001193125-26-395558-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/16918/000119312526395558/d104366d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-18T20:17:11.901378+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}