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Constellation Brands prices $500M senior notes at 4.85% to refinance debt and fund operations

Company Fundamentals
04 May 2026
GlobeNewsWire
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Neutral
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Constellation Brands has priced a $500 million offering of 4.85% senior notes due 2031 at nearly par (99.943%). The company plans to use the proceeds, along with other funds, to redeem $600 million of its 3.7% senior notes due in 2026 and for general corporate purposes. The new notes will rank equally with existing senior unsecured debt. The offering is expected to close on May 6, 2026, helping Constellation manage its debt maturity profile and maintain financial flexibility.

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