Form 8-K · Current Report · Filed 2025-05-01
Constellation Brands Issues $500 Million in Senior Notes
On May 1, 2025, Constellation Brands, Inc.
- Filer
- Constellation Brands, Inc. STZ · NYSE
- Filed
- Accession
- 0001193125-25-110038
- CIK
- 0000016918
- Signal
- Medium impactConsumer Defensive
- Source
- Official filing on sec.gov ↗
Details
issued $500 million aggregate principal amount of 4.800% Senior Notes due 2030 through a Supplemental Indenture. The Notes were issued at a public offering price of 99.824% of the principal amount. Interest will be paid on May 1 and November 1 of each year, commencing on November 1, 2025, with the Notes maturing on May 1, 2030. The Company may redeem the Notes at its option under the terms of the Supplemental Indenture. The Indenture includes customary events of default and covenants.
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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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