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Form 8-K · Current Report · Filed 2025-04-29

Constellation Brands Announces Pricing of $500M Senior Notes Offering

On April 29, 2025, Constellation Brands, Inc.

Filer
Constellation Brands, Inc. STZ · NYSE
Filed
Accession
0000016918-25-000043
CIK
0000016918
Signal
Medium impactConsumer Defensive

Details

announced the pricing of a $500 million aggregate principal amount of 4.800% Senior Notes due 2030 at 99.824% of the principal amount. The notes are intended to be used for general corporate purposes, including repayment of commercial paper and other indebtedness, working capital, funding capital expenditures, and other business opportunities. The offering is expected to close on May 1, 2025, subject to customary closing conditions.

Items reported

Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure Dividend Announced
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$185.75

Next session

+1.0%

Since filing

-29.9%

Latest close

$130.23

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from STZ reporting the same item, with the next session's move:

Exhibits (1)

About Constellation Brands, Inc.

Constellation Brands, Inc. is a leading international producer and marketer of beer, wine, and spirits. The company is renowned for its diverse portfolio, which includes premium labels such as Corona, Modelo, and Pacifico in its beer division, as well as high-end wines like Robert Mondavi and premium spirits. Headquartered in Victor, New York, Constellation Brands operates in various international markets, emphasizing strong growth in the beverage alcohol industry. This company primarily serves retailers, distributors, and domestic and global consumers, significantly influencing the beverage sector. Constellation Brands’ strategic acquisitions and investments in emerging market trends, such as the burgeoning premium wine segment and craft spirits movement, highlight its commitment to diversifying its offerings. Through innovation and strategic partnerships, Constellation Brands maintains a robust market position by capitalizing on consumer preferences and expanding its global footprint. This dynamic approach underscores its importance in shaping trends and meeting the evolving demands in the beverage alcohol industry, enhancing its substantial role in the broader financial market landscape.

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